We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. 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 20252026 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 6.75% 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:
$2,885,000
MLS #:
26671171
Status:
Active
Beds:
18
Baths:
16
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Apr 1, 2026
Finished Sq Ft:
6,734
Total Sq Ft:
6,734
Lot Size:
7,252 sqft / 0.17 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
Disposal, Microwave, Refrigerator, Dishwasher
Cooling
Dual
Flooring
Tile
Heating
Combination
Interior Features
Ceiling Fan(s)
Laundry Features
Washer Included, Dryer Included
Levels
Two
Exterior
Parking Features
Gated, Private
Parking Spots
6
Parking Total
6
Stories
2
Financial
Map
Community
- Address1250 W 37th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 29, 2026
5,820
Single Family Listed
95
Avg DOM
512
Avg $ / SqFt
$1,917,691
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 $2,885,000 and features 18 beds, 16 baths, and has approximately 6,734 square feet of living space, and was originally constructed in 1964. The current price per square foot is $428. The average price per square foot for Single Family listings in Los Angeles is $512. The average listing price for Single Family in Los Angeles is $1,917,691.
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1250 W 37th ST
Los Angeles, CA


