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1207 W 37Th Pl Los Angeles, CA 90007

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For Sale
$3,100,000

Turnkey student housing near USC, fully leased for 2025-2026.

Lot size:
0.16 Acres

Property Features for 1207 W 37Th Pl

General Information

Lot size
0.16 Acres

Building Details

Year built
1901
Source: Elliman

Listing Agency: Keller Williams Los Angeles

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

USC Student Housing Investment Property

This property, part of the Prime Student Housing Portfolio, is offered for sale and may be purchased individually or as part of the portfolio. It is fully leased for the 2025-2026 school year. This turnkey USC student housing investment features two upgraded buildings with a total of 14 bedrooms, accommodating up to 28 tenants. The front building, a single-family residence with 6 bedrooms and 4.5 bathrooms, was fully renovated in 2016. It features modern systems, loft areas, and in-unit laundry. The rear duplex, constructed in 2017, comprises two townhome-style units, each with 4 bedrooms and 4 bathrooms, designed for student renters. The property provides on-site parking and a total of 5,372 square feet of living space on a nearly 7,000 square foot lot. Situated within the USC DPS Patrol Zone and Campus Cruiser area, the property is located near the Expo Metro Line and USC Village. The property has a 6.0% CAP rate and potential for future value enhancement through garage ADU conversion.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.2948
Latitude
34.02007

FAQs

What type of property is this?
Apartment building - Turnkey student housing near USC, fully leased for 2025-2026.
Where is this apartment building located?
The property is located at 1207 W 37Th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: - Prime turnkey USC student housing investment property.; - Fully leased for the 2025-2026 school year, providing immediate stable income.; - Located within the USC DPS Patrol Zone and Campus Cruiser area, offering enhanced safety and convenience.
More about this property
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