Student Housing
New
For Sale
$1,425,000
1375 W 37th Dr, Los Angeles, CA 90007
Two residences are configured for room-by-room student rentals near USC.
Property Size3,472 SF
Days on Market5
Property Features for 1375 W 37th Dr
General Information
Standard status
Active
Size
3,472 SF
Total Parking Spaces
4
Property subtype
MULTI_FAMILY
Financials
Cap Rate
6.82%
Gross Income
$147,060
Units
Unit Mix
1 x 4BR/2BA, 1 x 7BR/4BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Building Size
3,472 SF
Year Built
2018
Listing Agency:
Keller Williams Beverly Hills
Listed By:
Adam Shamooelian · License #02116849
(310) 432-6400
Source:
Rochellemaize
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:20AM
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 Beverly Hills
Investment Insights
Based on property information with market context.
This duplex contains two residences with a combined 11 bedrooms and 6 bathrooms. The front home has 4 bedrooms and 2 bathrooms and has been renovated; the rear residence has 7 bedrooms and 4 bathrooms and was built in 2018. The property includes 4 on-site parking spaces and is operated as student housing with room-by-room rentals. Its current cap rate is 6.82%, and rental income has risen in each of the past four years.
The property is near USC and within the USC DPS Patrol Zone. USC Village, Exposition Park, and the Metro E Line are also identified as nearby destinations.
The property is near USC and within the USC DPS Patrol Zone. USC Village, Exposition Park, and the Metro E Line are also identified as nearby destinations.
Key Highlights
- Two residences with 11 bedrooms and 6 bathrooms combined
- Front residence: renovated 4‑bedroom, 2‑bathroom home
- Rear residence: 7 bedrooms and 4 bathrooms; built in 2018
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,337
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences are configured for room-by-room student rentals near USC.
Where is this duplex located?
The property is located at 1375 W 37th Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Two residences with 11 bedrooms and 6 bathrooms combined; Front residence: renovated 4‑bedroom, 2‑bathroom home; Rear residence: 7 bedrooms and 4 bathrooms; built in 2018
