New Construction Co-Living
1571 West 37th Street, Los Angeles, CA 90018
Two new co-living buildings near USC, 25 beds/baths each.
Type:Multifamily
- Added:
- Mar 25, 2026
- Days on Market:
- 46
- Last Refresh:
- Mar 18 at 9:31 am
Property Features for 1571 West 37th Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Brice W. Head, MBA License #CA DRE 01330706
Listing office
Listing date Mar 25, 2026
Source Cbre
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 Brice W. Head, MBA
HighLights
- Net Lease Opportunity: Tenant covers all expenses, landlord responsible for property taxes and insurance.
- Long‑Term Master Lease: Secured 2‑year lease with a 2‑year renewal option to LA County non‑profit, Special Services for Groups, Inc.
- Guaranteed Rent Increases: Enjoy a predictable income stream with 3.5% annual rent increases.
- New Construction: Recently completed 3‑story co‑living buildings with Certificate of Occupancy.
- High Bed/Bath Count: Each building features 25 beds and 25 baths, maximizing occupancy potential.
- Proximity to USC: Desirable location near the University of Southern California, ideal for student housing.
Overview
Two identical, new construction, three-story co-living buildings are located near USC. Each building features 25 beds and 25 baths, with a large kitchen on each floor. The properties have received their Certificate of Occupancy and are master leased for a two-year term, with an option for an additional two years, to Special Services for Groups, Inc., an LA County non-profit. The net lease opportunity requires the landlord to cover property taxes and insurance, while the tenant/lessee is responsible for all other expenses. Annual rent increases are set at 3.5%. The buildings are situated in a gentrifying location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3052393
- Latitude
- 34.0210774
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two new co-living buildings near USC, 25 beds/baths each.
Where is this apartment building located?
The property is located at 1571 West 37th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,799,000.
What are key features of this property?
This property features: Net Lease Opportunity: Tenant covers all expenses, landlord responsible for property taxes and insurance.; Long‑Term Master Lease: Secured 2‑year lease with a 2‑year renewal option to LA County non‑profit, Special Services for Groups, Inc.; Guaranteed Rent Increases: Enjoy a predictable income stream with 3.5% annual rent increases.
