1250 W 37th ST
Los Angeles, CA, 90007
$2,995,000
18 Beds
9 Baths
6,734 SqFt
0.17 Acres
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We are pleased to present the exclusive opportunity to acquire this beautifully updated, modern nine-unit (18-bedroom) student housing apartment community located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC). This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants. The property is 100% occupied with USC students and fully leased for the 2025 – 2026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.5% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles’ most sought-after rental markets.Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety.

Property Details

Price:
$2,995,000
MLS #:
25619343
Status:
Active
Beds:
18
Baths:
9
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Nov 14, 2025
Finished Sq Ft:
6,734
Total Sq Ft:
6,734
Lot Size:
7,252 sqft / 0.17 acres (approx)
Year Built:
1964
C34 – Los Angeles SouthwestC34losangelessouthwest

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Schools

Interior

Appliances
GD, MW, RF
Cooling
DL
Heating
COM
Laundry Features
DINC, WINC

Exterior

Parking Spots
6

Financial

Gross Operating Income
$243,060
Net Operating Income
$193,255

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Dec 06, 2025
2,396
Single Family Listed
68
Avg DOM
895
Avg $ / SqFt
$1,649,602
Avg List Price

Property Summary

    1250 W 37th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $2,995,000 and features 18 beds, 9 baths, and has approximately 6,734 square feet of living space, and was originally constructed in 1964. The current price per square foot is $445. The average price per square foot for Single Family listings in Los Angeles is $895. The average listing price for Single Family in Los Angeles is $1,649,602.

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1250 W 37th ST
Los Angeles, CA