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New Triplex Apartment Building
For Sale
$3,998,888

1625 W 37th Pl, Los Angeles, CA 90018

MULTI_FAMILY - Los Angeles, CA

Property Size8,036 SF
Lot Size0.14 Acres
Price / SF$497.62
Days on Market134

Property Features for 1625 W 37th Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bathrooms 28
Full bathrooms 1
Rooms Bathroom 4, Bathroom 27, Bathroom 23, Bathroom 2, Bathroom 12, Bathroom 14, Bathroom 25, Bathroom 3, Bathroom 8, Bathroom 11, Bathroom 21, Bathroom 19, Bathroom 24, Bathroom 28, Bathroom 7, Bathroom 9, Bathroom 18, Bathroom 17, Bathroom 20, Bathroom 5, Bathroom 6, Bathroom 22, Bathroom 13, Bathroom 1, Bathroom 10, Bathroom 15, Bathroom 26, Bathroom 16
Directions Located on 37th Pl, west of Normandie Ave
Subdivision Los Angeles Southwest
Standard status Active
APN 5041-025-021
Size 8,036 SF
Lot size 0.14 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Floors in Building 3
Number of units 28
Flooring type Hardwood
Listing Agency: Remax Commercial and Investment Realty · RE/MAX International
Listed By: Enrique Viramontes · License #01372010
Added: Apr 3 Changed: Aug 11 Last Checked: Aug 14 at 11:06PM
MLS# 26673035

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 purpose-built triplex apartment building is designed for durability and long-term occupancy, with 28 bedrooms featuring private en-suite bathrooms across three expansive units. The layout includes a community living room and a generous kitchen in each unit, along with substantial storage. Interior finishes include hardwood flooring, and comfort is supported by central heating and central air.

The property is zoned LAR2 and sits on a 0.1376-acre lot totaling 8,036 square feet. The Certificate of Occupancy was issued and dated February 2026, reflecting new-construction status and enabling operational flexibility. The offering notes a cap rate exceeding 7.5%.

Each unit is planned around shared-housing living, supporting tenant demand from student and co-living audiences near USC and the Metro Expo Line.

Key Highlights

  • New‑construction Certificate of Occupancy issued and dated February 2026
  • 28 bedrooms with private en‑suite bathrooms across three units
  • 0.1376‑acre lot with 8,036 square feet total building area

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,337
Businesses Nearby

Demographics for 90018, CA

50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Purpose-built triplex on 0.1376-acre lot with 28 en-suite bedrooms and Certificate of Occupancy dated February 2026.
Where is this triplex located?
The property is located at 1625 W 37th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,998,888.
What are key features of this property?
This property features: New‑construction Certificate of Occupancy issued and dated February 2026; 28 bedrooms with private en‑suite bathrooms across three units; 0.1376‑acre lot with 8,036 square feet total building area
More about this property
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