1207 W 37th Pl Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,372 sqft
Price per Sqft $577
MLS Listing ID 25546991
Style A-Frame
Bedrooms 14
Year Built 1901
Lot Size 7,001 Sqft
Acres 0.1607
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating None
Cooling Air Conditioning
Equipment None
Exterior
Parking Features Gated
Garage Spaces 3.0
Building
Story 2
Architectural Style A-Frame
Level or Stories Multi/Split
Others
Special Listing Condition Standard