1325 W 37th Place Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,355 sqft
Price per Sqft $560
MLS Listing ID CL25530605
Bedrooms 6
HOA Y/N No
Year Built 2017
Lot Size 7,002 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Central
Fireplace No
Laundry Dryer,Washer
Building
New Construction No
Others
Tax ID 5040010018