1250 W 37th ST
Los Angeles, CA, 90007
$2,885,000
18 Beds
16 Baths
6,734 SqFt
0.17 Acres
Add
MLS #26671171 image #0
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
C34 – Los Angeles SouthwestC34losangelessouthwest

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
DW, GD, MW, RF
Cooling
DL
Flooring
TILE
Heating
COM
Interior Features
CF
Laundry Features
DINC, WINC
Levels
U

Exterior

Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$243,060
Net Operating Income
$194,575

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Apr 27, 2026
9,471
Single Family Listed
87
Avg DOM
499
Avg $ / SqFt
$1,496,465
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 $499. The average listing price for Single Family in Los Angeles is $1,496,465.

Similar Listings Nearby

broker reciprocity
MLS# 26663019broker reciprocity
934 S Mullen AV
Los Angeles, CA

$3,750,000

3.3 miles away

broker reciprocity
MLS# 26648423broker reciprocity
118 N Westmoreland AV
Los Angeles, CA

$3,750,000

3.7 miles away

broker reciprocity
MLS# TR26082104broker reciprocity
717 Columbia AV
Los Angeles, CA

$3,700,000

2.7 miles away

broker reciprocity
MLS# 26653115broker reciprocity
8425 S Western AV
Los Angeles, CA

$3,700,000

4.1 miles away

broker reciprocity
MLS# 26731755broker reciprocity
5436 Romaine ST
Los Angeles, CA

$3,699,000

4.7 miles away

broker reciprocity
MLS# 26661705broker reciprocity
310 N Lucerne BL
Los Angeles, CA

$3,690,000

4.2 miles away

broker reciprocity
MLS# WS25062667broker reciprocity
737 N Cherokee AV
Los Angeles, CA

$3,685,000

5.0 miles away

broker reciprocity
MLS# 25596019broker reciprocity
615 S Highland AV
Los Angeles, CA

$3,650,000

3.9 miles away

broker reciprocity
MLS# SB26003299broker reciprocity
2204 W Slauson
Los Angeles, CA

$3,650,000

2.5 miles away

broker reciprocity
MLS# 26658453broker reciprocity
321 N Lucerne BL
Los Angeles, CA

$3,625,000

4.2 miles away

1250 W 37th ST
Los Angeles, CA