Updated 9-Unit Student Housing Apartment
For Sale
$2,885,000
1250 W 37th St, Los Angeles, CA 90007
MULTI_FAMILY - Los Angeles, CA
Property Size6,734 SF
Lot Size0.17 Acres
Price / SF$428.42
Days on Market127
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 6, Bathroom 5, Bathroom 8, Bathroom 9, Bedroom 3, Bedroom 18, Bathroom 16, Bedroom 8, Bedroom 7, Bathroom 12, Bathroom 15, Bedroom 13, Bedroom 16, Bathroom 3, Bedroom 5, Bedroom 9, Bedroom 11, Bedroom 17, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 13, Bedroom 10, Bathroom 14, Bathroom 10, Bedroom 1, Bedroom 12, Bedroom 4, Bathroom 7, Bedroom 15, Bathroom 2, Bathroom 1, Bathroom 11, Bedroom 14
Parking
6
Parking features
Garage, Gated
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
secure 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
(310) 623-1300
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Added: Apr 1
Changed: Aug 3
Last Checked: Aug 5 at 10:06AM
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.
Updated 9-unit student housing apartment building totaling 18 bedrooms, with furnished bedroom layouts and modern finishes throughout. The building totals 6,734 rentable square feet on a 7,250-square-foot lot. Units are comprised of one one-bedroom plus one-bathroom unit, one three-bedroom plus one-bathroom unit, and seven two-bedroom plus one-bathroom units. Flooring includes vinyl and tile, with updated kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, and tiled showers with glass enclosures.
Construction is anchored by a 1964 build year, and the property includes a secured entry gate plus gated parking and a garage. On-site laundry provides an additional resident amenity. The building is individually metered for gas, electricity, and water.
Recent major system updates include a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. The Los Angeles mandated earthquake retrofit is completed, with foundation anchoring, shear wall reinforcement, and steel frame strengthening. The property is 100% occupied and fully leased for the 2025–2026 academic year, generating a gross income profile consistent with a 6.75% cap rate and 12x GRM.
Construction is anchored by a 1964 build year, and the property includes a secured entry gate plus gated parking and a garage. On-site laundry provides an additional resident amenity. The building is individually metered for gas, electricity, and water.
Recent major system updates include a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. The Los Angeles mandated earthquake retrofit is completed, with foundation anchoring, shear wall reinforcement, and steel frame strengthening. The property is 100% occupied and fully leased for the 2025–2026 academic year, generating a gross income profile consistent with a 6.75% cap rate and 12x GRM.
Key Highlights
- 9 units with 18 bedrooms and furnished resident bedroom setup
- 6,734 rentable SF on a 7,250 SF lot; built in 1964
- Unit mix: 1 one‑bed/1 bath, 1 three‑bed/1 bath, 7 two‑bed/1 bath
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,199
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - LARD2 zoned student housing with individually metered gas, electricity, and water, secured gated entry, and on-site laundry.
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 units with 18 bedrooms and furnished resident bedroom setup; 6,734 rentable SF on a 7,250 SF lot; built in 1964; Unit mix: 1 one‑bed/1 bath, 1 three‑bed/1 bath, 7 two‑bed/1 bath
