*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
Price:
$3,100,000
MLS #:
25546991
Status:
Active
Baths:
0
Address:
1207 W 37th Place
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jun 2, 2025
State:
CA
ZIP:
90007
Lot Size:
7,001 sqft / 0.16 acres (approx)
Year Built:
1901
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Schools
Interior
Heating
None
Exterior
Parking Features
Gated
Parking Spots
3.00
Security Features
Gated Community
Stories Total
2
Financial
Map
Community
- Address1207 W 37th Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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1207 W 37th Place
Los Angeles, CA
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