1158 W 37th Pl, Los Angeles, CA 90007
MULTI_FAMILY - Los Angeles, CA
- Added:
- Jun 26, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 30 at 9:06 pm
Property Features for 1158 W 37th Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- LARD2
- Bedrooms
- 44
- Bathrooms
- 44
- Rooms
- Bathroom 7, Bedroom 27, Bedroom 37, Bathroom 23, Bedroom 8, Bedroom 16, Bedroom 38, Bathroom 9, Bedroom 2, Bedroom 11, Bathroom 33, Bathroom 40, Bathroom 26, Bedroom 3, Bedroom 4, Bedroom 10, Bathroom 38, Bedroom 12, Bathroom 29, Bedroom 40, Bathroom 42, Bathroom 3, Bedroom 44, Bathroom 43, Bedroom 18, Bedroom 23, Bedroom 28, Bedroom 20, Bathroom 14, Bathroom 28, Bathroom 37, Bathroom 2, Bathroom 4, Bedroom 24, Bathroom 24, Bathroom 34, Bathroom 19, Bedroom 39, Bedroom 17, Bedroom 22, Bathroom 31, Bathroom 25, Bathroom 8, Bathroom 11, Bathroom 44, Bathroom 39, Bedroom 26, Bedroom 21, Bathroom 10, Bedroom 42, Bathroom 15, Bathroom 22, Bathroom 36, Bedroom 34, Bathroom 12, Bedroom 43, Bathroom 17, Bedroom 41, Bathroom 35, Bedroom 32, Bathroom 30, Bedroom 19, Bedroom 25, Bathroom 5, Bedroom 1, Bedroom 15, Bathroom 13, Bedroom 6, Bedroom 30, Bedroom 7, Bathroom 18, Bathroom 27, Bathroom 32, Bedroom 36, Bedroom 5, Bedroom 29, Bedroom 9, Bathroom 16, Bathroom 1, Bathroom 20, Bathroom 6, Bathroom 41, Bedroom 33, Bedroom 13, Bathroom 21, Bedroom 31, Bedroom 14, Bedroom 35
- Standard status
- Active
- APN
- 5040-032-007
- Size
- 24,137 SF
- Lot size
- 0.16 Acres
Building Details
- Year built
- 2026
- Floors in Building
- 6
- Number of units
- 8
Listing agent Davis Saadian License #01921748 (310) 402-8958
Listing office Keller Williams Hollywood Hills 9000 Sunset Blvd. Suite 1100, West Hollywood, CA (310) 623-1300
Listing date Jun 26, 2026
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.
HighLights
- Under construction (RTI) ground‑up student‑housing development at 1158 W. 37th Place, less than half a block from the University of Southern California
- Approved plan for a six‑story 24,137 GSF building: 5‑over‑1 Type III‑A over a Type I‑A concrete podium
- Programmed for 44 bedrooms and 44 bathrooms: 7 residential units plus a multi‑level ADU for rent‑by‑the‑bedroom student housing
- TOC density‑bonus entitlement includes zero on‑site parking, designed to maximize rentable area and reduce construction cost per buildable foot
- Amenity package includes fitness center, elevator, parcel‑pending lobby lockers, rooftop recreation deck with fire pit and BBQs, and secured bicycle parking
- Project economics projected at stabilization: ~$792,000 gross income and ~$636,079 NOl, targeting ~$10,000,000 value (~6.36% cap, 12.6x GRM)
Overview
The property is located in Los Angeles, CA, less than half a block from the University of Southern California. The public remarks also note proximity to the USC Department of Public Safety (DPS) 24/7 patrol area.
For developers and investors, the RTI status means design and city approval work is already complete, shifting the focus to permit pulling and construction. The approved scope delivers a new, amenity-supported student housing building with a defined bedroom and bathroom mix (44/44), and the parking approach is aligned with the TOC density-bonus entitlement reflected in the approved plan. The property is presented as shovel-ready, permit-in-hand for an incoming buyer looking to move through construction immediately.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.293412
- Latitude
- 34.019683
