Renovated Apartment
For Sale
$15,495,000
1216 W 37th Pl, Los Angeles, CA 90007
Residential Income, Los Angeles, CA
Property Size31,248 SF
Lot Size0.78 Acres
Price / SF$495.87
Days on Market21
Property Features for 1216 W 37th Pl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD2
Bedrooms
91
Bathrooms
40
Full bathrooms
8
Rooms
Bedroom 77, Bathroom 36, Bedroom 70, Bedroom 79, Bedroom 63, Bedroom 73, Bedroom 67, Bedroom 43, Bathroom 14, Bedroom 55, Bathroom 6, Bedroom 21, Bedroom 54, Bedroom 68, Bedroom 59, Bedroom 29, Bathroom 27, Bedroom 34, Bedroom 58, Bathroom 37, Bedroom 24, Bedroom 13, Bedroom 25, Bedroom 33, Bedroom 48, Bedroom 76, Bathroom 8, Bathroom 28, Bathroom 24, Bedroom 37, Bedroom 17, Bathroom 19, Bedroom 31, Bathroom 3, Bathroom 5, Bedroom 19, Bedroom 61, Bedroom 75, Bedroom 20, Bedroom 30, Bedroom 60, Bedroom 12, Bathroom 39, Bedroom 53, Bathroom 26, Bedroom 78, Bedroom 85, Bedroom 72, Bedroom 87, Bathroom 11, Bedroom 49, Bedroom 71, Bathroom 22, Bedroom 69, Bedroom 32, Bathroom 23, Bedroom 56, Bathroom 12, Bathroom 20, Bathroom 30, Bedroom 90, Bathroom 10, Bedroom 5, Bedroom 62, Bedroom 52, Bathroom 16, Bedroom 2, Bedroom 84, Bathroom 25, Bedroom 86, Bathroom 18, Bedroom 16, Bathroom 33, Bedroom 66, Bedroom 38, Bedroom 46, Bedroom 41, Bedroom 65, Bedroom 23, Bathroom 13, Bathroom 7, Bedroom 22, Bedroom 28, Bedroom 44, Bedroom 40, Bedroom 11, Bedroom 81, Bathroom 32, Bathroom 40, Bedroom 10, Bedroom 45, Bathroom 29, Bedroom 36, Bathroom 35, Bathroom 2, Bedroom 1, Bathroom 9, Bedroom 57, Bathroom 15, Bedroom 82, Bathroom 31, Bedroom 7, Bedroom 88, Bedroom 80, Bedroom 18, Bedroom 35, Bedroom 50, Bedroom 64, Bedroom 27, Bathroom 1, Bedroom 26, Bedroom 3, Bathroom 4, Bedroom 39, Bedroom 6, Bedroom 91, Bathroom 17, Bedroom 9, Bedroom 74, Bedroom 83, Bedroom 47, Bathroom 34, Bedroom 89, Bathroom 38, Bedroom 14, Bathroom 21, Bedroom 4, Bedroom 15, Bedroom 42, Bedroom 8, Bedroom 51
Parking
32
Parking features
Gated
Security features
Security Lighting
Directions
The portfolio is comprised of five (5) properties located along West 37th Place: 1216 W. 37th Place, 1222 W. 37th Place, 1229 W. 37th Place, 1234 W. 37th Place, & 1287 W. 37th Place.
Subdivision
Los Angeles Southwest
Standard status
Active
APN
5040-014-016
Size
31,248 SF
Lot size
0.78 Acres
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Electric, Wall Unit(s)
Amenities
in-unit washer/dryer
security camera system
automated entry gate
gated parking
wall-mounted television
Building Details
Year built
1959
Floors in Building
2
Number of units
91
Flooring type
Vinyl, Tile
Listing Agency:
Keller Williams Hollywood Hills · Keller Williams Realty
(310) 623-1300
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Added: Aug 30
Changed: Sep 12
Last Checked: Sep 19 at 7:06PM
MLS# 26913893
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.
This apartment portfolio comprises five buildings totaling 36 units and 91 bedrooms across 31,248 square feet on 0.7759 acres. The unit mix includes a studio, one one-bedroom unit, 15 two-bedroom units, 17 three-bedroom units, and two four-bedroom units. Renovations include refreshed kitchens, bathrooms, bedrooms, flooring, windows, plumbing, electrical systems, and interior and exterior paint. The improvements also include seismic retrofits, security cameras, automated entry gates, and repaved parking areas. Approximately 90% of units have in-unit washers and dryers, while approximately 20% are furnished and include wall-mounted televisions. Tenants are responsible for utilities.
The properties are located along West 37th Place in Los Angeles, approximately one block west of the USC campus and within the Department of Public Safety Patrol Zone. Each building provides gated on-site parking, with proximity to Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Arena, and Downtown Los Angeles. The portfolio is 100% leased for the 20262027 academic year and carries LARD2 zoning.
The properties are located along West 37th Place in Los Angeles, approximately one block west of the USC campus and within the Department of Public Safety Patrol Zone. Each building provides gated on-site parking, with proximity to Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Arena, and Downtown Los Angeles. The portfolio is 100% leased for the 20262027 academic year and carries LARD2 zoning.
Key Highlights
- Five‑building portfolio with 36 units and 91 bedrooms
- 31,248 square feet across 0.7759 acres; built in 1959
- Unit mix includes 1 studio, 1 one‑bedroom, 15 two‑bedroom, 17 three‑bedroom, and 2 four‑bedroom units
Property Analytics
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Current Use
Lease Details
36
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five renovated buildings offer student-oriented housing near USC with gated parking and a varied bedroom configuration.
Where is this apartment building located?
The property is located at 1216 W 37th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $15,495,000.
What are key features of this property?
This property features: Five‑building portfolio with 36 units and 91 bedrooms; 31,248 square feet across 0.7759 acres; built in 1959; Unit mix includes 1 studio, 1 one‑bedroom, 15 two‑bedroom, 17 three‑bedroom, and 2 four‑bedroom units
