1340 W 37th Street
Los Angeles, CA, 90007
$3,900,000
Beds
0 Baths
SqFt
0.16 Acres
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We are pleased to present The Commons @ 37th, a fully leased 20-bed student housing property located just west of USC within the 24-hour DPS patrol zone. Built in 2020 by a top student housing operator, the property features oversized bedrooms, in-unit laundry, large kitchens, and modern amenities including bi-weekly cleaning, WiFi, and covered utilities. Fully leased through the 2025/2026 academic year, the asset offers a 6.64% CAP rate and 10.05 GIM at the asking price. Its location offers walkable access to USC, USC Village, and the Expo/Vermont Metro Station. With no deferred maintenance and strong in-place income, this is a rare opportunity to acquire a passive, recession-resistant asset in one of LA’s most stable submarkets. The property also qualifies for 100% bonus depreciation, offering investors a compelling combination of yield, tax shelter, and long-term upside

Property Details

Price:
$3,900,000
MLS #:
25563791
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
Listed Date:
Jul 10, 2025
Lot Size:
6,820 sqft / 0.16 acres (approx)
Year Built:
2020
C34losangelessouthwest

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Schools

Interior

Appliances
Dishwasher, Disposal, Refrigerator
Heating
Central
Laundry Features
Washer Included, Dryer Included

Exterior

Parking Features
Driveway
Parking Spots
2.00
Security Features
Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated Community, Smoke Detector(s)

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 24, 2025
1,649
Residential Income Listed
212
Avg DOM
$1,944,059
Avg List Price

Property Summary

    1340 W 37th Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90007. It is listed for $3,900,000

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