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Updated 9-Unit Apartment Building
For Sale
$2,885,000

1250 W 37th St, Los Angeles, CA 90007

Residential Income, Los Angeles, CA

Property Size6,734 SF
Lot Size0.17 Acres
Price / SF$428.42
Days on Market172

Property Features for 1250 W 37th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD2
Bedrooms 18
Bathrooms 16
Full bathrooms 9
Rooms Bathroom 14, Bathroom 16, Bedroom 5, Bathroom 8, Bathroom 4, Bathroom 11, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 9, Bathroom 7, Bathroom 15, Bedroom 12, Bedroom 9, Bathroom 1, Bathroom 12, Bedroom 16, Bedroom 6, Bedroom 11, Bedroom 10, Bedroom 15, Bathroom 6, Bedroom 7, Bathroom 13, Bathroom 5, Bedroom 14, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 18, Bathroom 2, Bathroom 10, Bedroom 17, Bedroom 13
Parking 6
Parking features Gated, Garage
Directions 1250 W. 37th Street | Los Angeles, CA 90007
Subdivision Los Angeles Southwest
Standard status Active
APN 5040-015-010
Size 6,734 SF
Lot size 0.17 Acres

Amenities

on-site laundry facilities
secured gated access

Building Details

Year built 1964
Floors in Building 2
Number of units 9
Flooring type Tile, Vinyl
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: Apr 1 Changed: Sep 12 Last Checked: Sep 19 at 7:06PM
MLS# 26671171

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 9-unit apartment building contains 6,734 rentable square feet on a 7,250-square-foot lot and was built in 1964. The unit mix includes one one-bedroom/one-bath unit, seven two-bedroom/one-bath units, and one three-bedroom/one-bath unit. Furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures are provided throughout the residences. Flooring includes tile and vinyl.

Recent property improvements include a new roof, copper plumbing, dual-pane windows, a high-efficiency central water heater, PVC sewer lines, updated cabinetry and bathroom finishes, and interior and exterior painting. The building also includes a secured entry gate, on-site laundry, and completed Los Angeles earthquake retrofit work with foundation anchoring, shear wall reinforcement, and steel frame strengthening. Gas, electricity, and water are individually metered. The property is 100% occupied by USC students and is located approximately one block from USC and University Village in Los Angeles, with LARD2 zoning.

Key Highlights

  • 9‑unit apartment building with 18 bedrooms and 6,734 rentable square feet
  • Unit mix includes 1 one‑bedroom, 7 two‑bedroom, and 1 three‑bedroom units
  • 100% occupied by USC students and fully leased for the 20252026 academic year

Property Analytics

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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

9
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,306
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Furnished student-oriented units near USC feature modern finishes, individual metering, and gated resident access.
Where is this apartment building located?
The property is located at 1250 W 37th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,885,000.
What are key features of this property?
This property features: 9‑unit apartment building with 18 bedrooms and 6,734 rentable square feet; Unit mix includes 1 one‑bedroom, 7 two‑bedroom, and 1 three‑bedroom units; 100% occupied by USC students and fully leased for the 20252026 academic year
More about this property
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