8-Unit Apartment
New
For Sale
$2,950,000
1230 W 37th, Los Angeles, CA 90007
Seven apartments are vacant, including both units in the newly constructed building.
Property Size5,179 SF
Lot Size0.17 Acres
Price / SF$569.61
Days on Market6
Property Features for 1230 W 37th
General Information
Standard status
Active
Size
5,179 SF
Lot size
0.17 Acres
Property subtype
Apartment
Site & Location
Neighborhood
South Los Angeles
Public Transit
Yes
Units
Unit Mix
4 x 2BR/1BA, 1 x 4BR/4BA, 2 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units
8
Individually Metered Utilities
electricity, gas
Additional Details
Asking Price
$2,950,000
Tenant in Place
Yes
Amenities
private WiFi
24/7 monitored security
Building Details
Building Size
5,179 SF
Year Built
1908
Buildings
3
Listing Agency:
Younglewin Advisors, Inc.
Listed By:
Daniel Lewin · License #01932742
Source:
Jademillsestates
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 12:11PM
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 Younglewin Advisors, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8-unit apartment property contains 19 bedrooms across three buildings totaling 5,179 square feet on a 7,519-square-foot pass-through lot. Six apartments have been renovated, and two were newly built in 2026. Seven units are vacant; the remaining apartment is occupied. The unit mix includes four two-bedroom apartments in the front building, two units in the middle building, and two in the rear building. The 1908 buildings flank the newer construction. Electricity and gas, where applicable, are separately metered, with tenants paying providers directly. Property-wide WiFi and monitored security are also in place.
The site runs between 37th Drive and Exposition Boulevard, one block from USC. Exposition Park, the LA Memorial Coliseum, the Lucas Museum of Narrative Art, and the Expo Line are nearby. The property is within USC’s DPS patrol area and the free Lyft ride zone. Its reported 10.76 GRM and 6.50% cap rate are based on projected market rents.
The site runs between 37th Drive and Exposition Boulevard, one block from USC. Exposition Park, the LA Memorial Coliseum, the Lucas Museum of Narrative Art, and the Expo Line are nearby. The property is within USC’s DPS patrol area and the free Lyft ride zone. Its reported 10.76 GRM and 6.50% cap rate are based on projected market rents.
Key Highlights
- 8 apartments with 19 bedrooms across three buildings
- 5,179 SF of building area on a 7,519 SF pass‑through lot
- Seven of eight units are vacant; one is occupied
Property Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,437
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
Frequently Asked Questions
What type of property is this?
Apartment building - Seven apartments are vacant, including both units in the newly constructed building.
Where is this apartment building located?
The property is located at 1230 W 37th Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 8 apartments with 19 bedrooms across three buildings; 5,179 SF of building area on a 7,519 SF pass‑through lot; Seven of eight units are vacant; one is occupied
