We are pleased to present 1344 W 37th Pl, a premier 2021-constructed student housing investment opportunity located just west of USC within the university’s 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC’s 46,000+ students, 65% of whom live off-campus, the property offers three units each with 6 bedrooms and 6 bathrooms. Each unit features high-end finishes, quartz countertops, stainless steel appliances, central HVAC, and in-unit laundry, and individually metered for all utilities: gas, electricity, & water. Each unit has only two floors and offers spacious open layouts, designed to promote maximum comfort for the students. The property is ideally situated within walking distance to University Park and near the Expo/Vermont Metro Station providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is fully occupied by USC students and offers a strong 7.23% current cap rate and 9.71 GIM with a monthly scheduled gross income of $28,764. This turnkey opportunity allows investors to maximize returns in one of Los Angeles’ most stable rental submarkets. This combination of modern construction, durable student demand, and excellent operating fundamentals makes 1344 W 37th Pl ideal for any HNW individual or family office seeking a combination of yield, tax shelter, and long-term appreciations.
Property Details
Price:
$3,350,000
MLS #:
26656429
Status:
Active
Beds:
18
Baths:
18
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Feb 25, 2026
Finished Sq Ft:
5,740
Total Sq Ft:
5,740
Lot Size:
6,602 sqft / 0.15 acres (approx)
Year Built:
2021
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Parking Spots
6
Security Features
SD, COD, FSDS, GC, MGR
Financial
Map
Community
- Address1344 W 37th PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 03, 2026
7,168
Single Family Listed
82
Avg DOM
506
Avg $ / SqFt
$1,494,389
Avg List Price
Property Summary
- 1344 W 37th PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $3,350,000 and features 18 beds, 18 baths, and has approximately 5,740 square feet of living space, and was originally constructed in 2021. The current price per square foot is $584. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,494,389.
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