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Listed by: Michael R. Fukushima | Keller Williams Los Angeles
Active
$3,100,000

1207 W 37th Place, Los Angeles CA

14beds
13baths
5,372sq ft
$577/sq ft
91 days on rennie- cumulative days on market
25546991MLS ®

*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.

property details


Residential IncomeProperty type
7,001 ft²Lot area SF
$0Taxes
Multi/SplitFloor levels
5,372 ft²Living area
Listed byKeller Williams Los Angeles
rennie last checkedJuly 23, 2025 at 02:15pm
Last updatedJune 10, 2025 at 05:22am
SourceCRMLS

Additional Details


Parking / Storage
ParkingGated
Parking places - total3
Other
ZoningLARD2
Additional building details
Year Built1901
Services connectedGated
Fuel / heatingNone
Security featuresGated Community
Storeys in building2
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California DRE #02248150