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Ready-to-Issue Student Housing Apartment Building
For Sale
$3,498,000

1158 W 37th Pl, Los Angeles, CA 90007

Ready-to-issue, permit-in-hand student housing with 44 bedrooms and a full amenity package planned for a 2026 delivery.

Days on Market36

Property Features for 1158 W 37th Pl

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Building Size 24,137 SF
Year Built 2026
Listing Agency: Keller Williams Hollywood Hills
Listed By: Davis Saadian · License #01921748
Source: Milsteinestates
Added: Jun 26 Changed: Jul 30 Last Checked: Jul 30 at 4:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hollywood Hills

Investment Insights

Based on property information with market context.

This ready-to-issue, permit-in-hand student housing apartment building is planned as a ground-up, six-story development with a 24,137 GSF structure. The approved plans provide seven residential units plus a multi-level ADU, designed for a rent-by-the-bedroom model with 44 bedrooms and 44 bathrooms. The project is engineered to deliver an amenity package that includes a fitness center, elevator, Parcel Pending package lockers in the lobby, a rooftop recreation deck with fire pit and BBQs, and secured bicycle parking. The project is planned with zero on-site parking under its TOC density-bonus entitlement.

The site is located less than half a block from the University of Southern California. The project plans are already in place through the entitlement process, positioning an incoming owner to pull permits and begin construction.

Planned for a long-term, owner-operated concept, the building is being delivered in 2026 and includes a Type III-A over a Type I-A concrete podium structural design (5-over-1).

Key Highlights

  • Less than half a block from the University of Southern California
  • Approved six‑story, 24,137 GSF student housing building
  • Planned 44 bedrooms and 44 bathrooms for rent‑by‑the‑bedroom model

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Ready-to-issue, permit-in-hand student housing with 44 bedrooms and a full amenity package planned for a 2026 delivery.
Where is this apartment building located?
The property is located at 1158 W 37th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,498,000.
What are key features of this property?
This property features: Less than half a block from the University of Southern California; Approved six‑story, 24,137 GSF student housing building; Planned 44 bedrooms and 44 bathrooms for rent‑by‑the‑bedroom model
More about this property
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