$3,100,000

1207 W 37th Place, Los Angeles, CA 90007

10 beds
5,372 sqft

other
Built in 1901
6,970sqft lot
—— car garage
$577/sqft
Listed 5 months ago

Property Description

*This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, it's just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.

Listing Status:: Active
Date Added:: June 2, 2025 at 05:00AM
Listing Office:: Keller Williams Los Angeles : 562-334-1500
Listing Agent:: Michael R. Fukushima : 818-321-6490
MLS ID:: CL25546991

Heating: None

Parking: Other

County: Los Angeles

Zoning: LARD5040015021

This listing courtesy of Michael R. Fukushima, Keller Williams Los Angeles

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lenicia B. Weemes Elementary

1260 W 36th Pl, Los Angeles, CA, 90007

Grades PK-5

0.18 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.69 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.