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1207 W 37th Pl

Los Angeles, CA 90007
  • $3,100,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 25546991
UPDATED: 70 min ago
$3,100,000
  • 14
    BEDS
  • 0.16
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 5,372
    SQFT
  • $577
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1901
County:

School Ratings & Info

Description

*This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, it's just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T12:43:07.9. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164552004
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1207 W 37th Pl Los Angeles, CA 90007

  • Price: $3,100,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 70 min ago
  • MLS #: 25546991
14
Beds
13
Baths
0
½ Baths
0.16
Acres
5,372
SQFT
$577
$/SQFT
1901
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
*This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, it's just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.
Exterior Features

Cross Streets S Catalina St Levels Multi/Split Lot Size Area 7001 Other Structures None Parking Garage Gated Style A-Frame Total Parking 3

Interior Features

Cooling Air Conditioning Equipment None Heating None

Property Features

Assessed Total Value 1239816 Disclosures As Is Gross Income 261600 Gross Operating Income 261600 Like Units1 1 Like Units2 2 Monthly Gross Income 21800.00 Net Operating Income 187320.00 Number Of Buildings 2 Number Of Units 3 Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 74280 Type Of Units Residential Year Built Source Vendor Enhanced Zoning LARD2

Listing provided courtesy of Michael R. Fukushima DRE#01380445 of Keller Williams Los Angeles: 562-334-1500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T12:43:07.9. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Palm Desert CA, 92260