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Five-Story Student Housing Apartment Building
For Sale
$2,975,000

1177 W 37th Pl, Los Angeles, CA 90007

MULTI_FAMILY - Los Angeles, CA

Property Size19,900 SF
Lot Size0.16 Acres
Price / SF$149.50
Days on Market31

Property Features for 1177 W 37th Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD1.5
Bedrooms 46
Bathrooms 39
Full bathrooms 39
Rooms Bedroom 45, Bedroom 42, Bathroom 2, Bathroom 11, Bathroom 16, Bathroom 5, Bathroom 21, Bathroom 35, Bedroom 39, Bedroom 44, Bedroom 40, Bathroom 30, Bathroom 36, Bedroom 36, Bedroom 7, Bathroom 39, Bedroom 17, Bathroom 25, Bathroom 12, Bathroom 29, Bedroom 32, Bedroom 26, Bedroom 41, Bedroom 21, Bedroom 27, Bedroom 4, Bedroom 46, Bathroom 4, Bathroom 19, Bedroom 13, Bathroom 3, Bathroom 8, Bedroom 22, Bedroom 6, Bathroom 22, Bedroom 25, Bedroom 37, Bedroom 5, Bathroom 17, Bathroom 27, Bathroom 31, Bathroom 24, Bathroom 32, Bathroom 20, Bedroom 31, Bathroom 10, Bedroom 23, Bedroom 16, Bathroom 34, Bathroom 38, Bathroom 37, Bedroom 34, Bedroom 2, Bedroom 9, Bedroom 28, Bedroom 15, Bathroom 33, Bedroom 24, Bedroom 38, Bathroom 23, Bedroom 1, Bedroom 35, Bathroom 1, Bathroom 7, Bedroom 43, Bedroom 20, Bedroom 10, Bathroom 9, Bathroom 28, Bedroom 18, Bathroom 15, Bedroom 30, Bedroom 11, Bedroom 19, Bathroom 14, Bedroom 33, Bedroom 8, Bedroom 29, Bathroom 18, Bedroom 14, Bedroom 3, Bathroom 26, Bathroom 6, Bedroom 12, Bathroom 13
Directions 1177 W. 37th Place | Los Angeles, CA 90007
Subdivision Los Angeles Southwest
Standard status Active
APN 5040-031-033
Size 19,900 SF
Lot size 0.16 Acres

Building Details

Floors in Building 5
Number of units 8
Architectural style Modern
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: Jul 6 Changed: Aug 1 Last Checked: Aug 5 at 11:06AM
MLS# 26855605

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Fully entitled, ready-to-issue (RTI) ground-up student housing development at 1177 W 37th Pl in Los Angeles. The approved plans call for a five-story, 19,900 SF building with four levels of Type V-A residential over a Type I-A podium, featuring ground-level parking and a residential lobby. The project includes seven residential units plus a multi-level ADU for eight units total, with 46 bedrooms and 39 bathrooms, purpose-built for a rent-by-the-bedroom student-housing model.

The building is fully sprinklered (NFPA-13) and includes a rooftop open space. Zoning is LARD1.5, and the site is positioned about half a block from the University of Southern California (USC), placing it within the USC rental corridor.

An incoming buyer can pull permits and break ground, as the entitlement process work, including design, civil and structural engineering, construction documents, plans, permits, and city approvals, has already been completed to RTI status.

Key Highlights

  • RTI ground‑up student housing development about half a block from USC
  • Five‑story 19,900 SF building: four levels Type V‑A over Type I‑A podium
  • Seven residential units plus multi‑level ADU for eight total units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,199
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully entitled RTI student housing development with rooftop open space, NFPA-13 sprinkler system, and eight total units in LARD1.5 zoning.
Where is this apartment building located?
The property is located at 1177 W 37th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: RTI ground‑up student housing development about half a block from USC; Five‑story 19,900 SF building: four levels Type V‑A over Type I‑A podium; Seven residential units plus multi‑level ADU for eight total units
More about this property
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