1205 W 37th Pl - Apartments FOR SALE


Los Angeles, CA 90007- South Central LA
$3,100,000 USD
818-321-6490
1205 W 37th Pl, Los Angeles, CA for Sale
$3,100,000 USD
Apartments - FOR SALE
1/10
null | 6.04% Cap Rate

1205 W 37th Pl
Los Angeles, CA 90007
South Central LA


HIGHLIGHTS

  • Part of the Prime Student Housing Portfolio - May be sold all together or separately!
  • Fully leased for the 2025-2026 school year!
  • Fully renovated with modern systems, bonus loft areas, and in-unit laundry!
  • Within short distance to USC Village and USC Campus!
  • Within the USC DPS Patrol Zone and Campus Ride Share Program!

OVERVIEW

*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.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,033,333

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,932 SF

ZONING

LARD2

APN/PARCEL ID

5040-015-021

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.