Updated Student Housing Apartment
For Sale
$2,885,000
1250 W 37th St, Los Angeles, CA 90007
Modern finishes, furnished bedrooms, individually metered utilities, gated access, and on-site laundry support student housing use.
Property Size6,734 SF
Lot Size0.17 Acres
Days on Market214
Property Features for 1250 W 37th St
General Information
Standard status
Active
Size
6,734 SF
Net Rentable
6,734 SF
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
6.75%
Gross Income
$243,060
Gross Rent Multiplier
12
Site & Location
Neighborhood
South Los Angeles
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA, 7 x 2BR/1BA
Multifamily Units
9
Additional Details
Furnished
Yes
Amenities
on-site laundry
secure gated access
Building Details
Building Size
6,734 SF
Year Built
1964
Listing Agency:
Keller Williams Hollywood Hills
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Source:
Rochellemaize
Added: Apr 1
Changed: Oct 25
Last Checked: Oct 28 at 5:38PM
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 Keller Williams Hollywood Hills
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Investment Insights
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This updated 9-unit apartment building offers 18 bedrooms across 6,734 rentable square feet on a 7,250-square-foot lot. The unit mix includes one one-bedroom/one-bathroom unit, one three-bedroom/one-bathroom unit, and seven two-bedroom/one-bathroom units. Each apartment features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures.
Recent improvements include hardwood and vinyl flooring, modern kitchen and bathroom cabinetry, updated vanities, toilets, tubs, tile finishes, interior and exterior paint, a new roof, copper plumbing, dual-pane windows, a high-efficiency central water heater, and a complete PVC sewer line replacement. The property also has a secured entry gate, on-site laundry, and individually metered gas, electricity, and water. A completed Los Angeles earthquake retrofit includes foundation anchoring, shear wall reinforcement, and steel frame strengthening.
The property is located within the DPS Patrol Zone, one block from the University of Southern California and University Village. It is 100% occupied by USC students and fully leased for the 20252026 academic year.
Recent improvements include hardwood and vinyl flooring, modern kitchen and bathroom cabinetry, updated vanities, toilets, tubs, tile finishes, interior and exterior paint, a new roof, copper plumbing, dual-pane windows, a high-efficiency central water heater, and a complete PVC sewer line replacement. The property also has a secured entry gate, on-site laundry, and individually metered gas, electricity, and water. A completed Los Angeles earthquake retrofit includes foundation anchoring, shear wall reinforcement, and steel frame strengthening.
The property is located within the DPS Patrol Zone, one block from the University of Southern California and University Village. It is 100% occupied by USC students and fully leased for the 20252026 academic year.
Key Highlights
- Updated 9‑unit, 18‑bedroom apartment building with 6,734 rentable SF on a 7,250‑square‑foot lot
- Unit mix includes 1 one‑bedroom, 1 three‑bedroom, and 7 two‑bedroom units; all include 1 bathroom
- One block from the University of Southern California and University Village
Property Analytics
Who owns this building?
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Lease Details
9
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Modern finishes, furnished bedrooms, individually metered utilities, gated access, and on-site laundry support student housing use.
Where is this apartment building located?
The property is located at 1250 W 37th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,885,000.
What are key features of this property?
This property features: Updated 9‑unit, 18‑bedroom apartment building with 6,734 rentable SF on a 7,250‑square‑foot lot; Unit mix includes 1 one‑bedroom, 1 three‑bedroom, and 7 two‑bedroom units; all include 1 bathroom; One block from the University of Southern California and University Village
