Renovated Apartment
New
For Sale
$15,495,000
1216 W 37th Pl, Los Angeles, CA 90007
Residential Income, Los Angeles, CA
Property Size31,248 SF
Lot Size0.78 Acres
Price / SF$495.87
Days on Market2
Property Features for 1216 W 37th Pl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD2
Bedrooms
91
Bathrooms
40
Full bathrooms
8
Rooms
Bathroom 40, Bedroom 19, Bedroom 41, Bedroom 88, Bedroom 17, Bedroom 37, Bathroom 18, Bedroom 81, Bedroom 27, Bedroom 6, Bathroom 36, Bedroom 33, Bedroom 44, Bedroom 29, Bedroom 90, Bedroom 23, Bathroom 3, Bedroom 4, Bedroom 28, Bathroom 11, Bedroom 47, Bathroom 16, Bathroom 12, Bedroom 82, Bathroom 37, Bedroom 83, Bedroom 65, Bathroom 4, Bedroom 62, Bathroom 2, Bedroom 80, Bedroom 87, Bathroom 5, Bedroom 56, Bedroom 61, Bedroom 70, Bedroom 2, Bathroom 6, Bedroom 67, Bedroom 54, Bedroom 12, Bathroom 38, Bedroom 34, Bedroom 10, Bedroom 64, Bedroom 40, Bedroom 68, Bathroom 8, Bedroom 53, Bedroom 89, Bedroom 5, Bedroom 79, Bedroom 36, Bathroom 27, Bathroom 26, Bedroom 16, Bedroom 91, Bedroom 31, Bedroom 58, Bedroom 35, Bathroom 21, Bathroom 39, Bedroom 49, Bedroom 20, Bedroom 38, Bathroom 34, Bedroom 66, Bedroom 21, Bedroom 22, Bedroom 55, Bedroom 48, Bathroom 28, Bathroom 22, Bedroom 50, Bedroom 77, Bedroom 13, Bedroom 42, Bedroom 18, Bedroom 7, Bedroom 71, Bedroom 30, Bathroom 19, Bedroom 24, Bathroom 17, Bedroom 14, Bedroom 8, Bedroom 15, Bathroom 31, Bathroom 35, Bedroom 57, Bathroom 29, Bedroom 1, Bedroom 26, Bedroom 74, Bedroom 75, Bedroom 46, Bedroom 25, Bedroom 60, Bedroom 39, Bedroom 63, Bathroom 7, Bedroom 72, Bathroom 13, Bedroom 76, Bathroom 23, Bathroom 20, Bedroom 32, Bedroom 85, Bathroom 14, Bedroom 69, Bathroom 32, Bedroom 3, Bathroom 10, Bedroom 9, Bathroom 25, Bedroom 78, Bathroom 15, Bedroom 51, Bathroom 30, Bedroom 84, Bedroom 43, Bedroom 52, Bathroom 24, Bedroom 45, Bedroom 73, Bedroom 59, Bathroom 33, Bathroom 9, Bathroom 1, Bedroom 86, Bedroom 11
Parking
32
Parking features
Gated
Security features
Security Lighting
Directions
The portfolio is comprised of five (5) properties located along West 37th Place: 1216 W. 37th Place, 1222 W. 37th Place, 1229 W. 37th Place, 1234 W. 37th Place, & 1287 W. 37th Place.
Subdivision
Los Angeles Southwest
Standard status
Active
APN
5040-014-016
Size
31,248 SF
Lot size
0.78 Acres
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Electric, Wall Unit(s)
Amenities
in-unit washer/dryer
security camera system
automated entry gate
gated parking
wall-mounted television
Building Details
Year built
1959
Floors in Building
2
Number of units
91
Flooring type
Vinyl, Tile
Listing Agency:
Keller Williams Hollywood Hills · Keller Williams Realty
(310) 623-1300
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Added: Aug 30
Last Checked: Aug 31 at 5:06AM
MLS# 26913893
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 apartment portfolio comprises five buildings totaling 36 units and 91 bedrooms across 31,248 square feet on 0.7759 acres. The unit mix includes a studio, one one-bedroom unit, 15 two-bedroom units, 17 three-bedroom units, and two four-bedroom units. Renovations include refreshed kitchens, bathrooms, bedrooms, flooring, windows, plumbing, electrical systems, and interior and exterior paint. The improvements also include seismic retrofits, security cameras, automated entry gates, and repaved parking areas. Approximately 90% of units have in-unit washers and dryers, while approximately 20% are furnished and include wall-mounted televisions. Tenants are responsible for utilities.
The properties are located along West 37th Place in Los Angeles, approximately one block west of the USC campus and within the Department of Public Safety Patrol Zone. Each building provides gated on-site parking, with proximity to Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Arena, and Downtown Los Angeles. The portfolio is 100% leased for the 20262027 academic year and carries LARD2 zoning.
The properties are located along West 37th Place in Los Angeles, approximately one block west of the USC campus and within the Department of Public Safety Patrol Zone. Each building provides gated on-site parking, with proximity to Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Arena, and Downtown Los Angeles. The portfolio is 100% leased for the 20262027 academic year and carries LARD2 zoning.
Key Highlights
- Five‑building portfolio with 36 units and 91 bedrooms
- 31,248 square feet across 0.7759 acres; built in 1959
- Unit mix includes 1 studio, 1 one‑bedroom, 15 two‑bedroom, 17 three‑bedroom, and 2 four‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,695
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 - Five renovated buildings offer student-oriented housing near USC with gated parking and a varied bedroom configuration.
Where is this apartment building located?
The property is located at 1216 W 37th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $15,495,000.
What are key features of this property?
This property features: Five‑building portfolio with 36 units and 91 bedrooms; 31,248 square feet across 0.7759 acres; built in 1959; Unit mix includes 1 studio, 1 one‑bedroom, 15 two‑bedroom, 17 three‑bedroom, and 2 four‑bedroom units
