Los Angeles, CA 90007,1325 W 37th Place
Los Angeles, CA 90007,1325 W 37th Place
Los Angeles, CA 90007,1325 W 37th Place
Los Angeles, CA 90007,1325 W 37th Place
Los Angeles, CA 90007,1325 W 37th Place
Los Angeles, CA 90007,1325 W 37th Place
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$ 2,999,000
Est. payment | /mo

6 Beds

5,355 SqFt


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$ 2,999,000
Est. payment | /mo
Save

6 Beds

5,355 SqFt

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

Bridge MLS
Listed by Christopher Newell • Berkshire Hathaway HomeServices California Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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1325 W 37th Place