1287 W 37th Place
Los Angeles, CA 90007
20
Bed
11
Bath
7,162Sqft
7,002Sqft(Lot)
We are pleased to present "The Bryce", a 9-unit, 20-bedroom student housing apartment complex located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block West of the USC campus & Village. Built in 1965, the property sits on a 6,970 square foot lot with approximately 7,162 square feet of building area and offers 9 gated on-site parking spaces. The property is currently 100% leased and generates $25,000/month of gross income, comprised of $24,850 in scheduled rental income plus approximately $150 in laundry income, representing $300,000 in scheduled annual income. At the offering price, the investment provides an attractive 7.5% current cap rate and a 10.9x current gross rent multiplier (GRM). Approximately $500,000 has been invested in capital
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 20Bathroom Information
Total Baths: 11 -
Interior Features
Appliances: Disposal, Refrigerator, Dryer, Washer -
Heating & Cooling
Has Heating: Yes Heating: Electric, HeatPump Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1965Building Area Total: 7162Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 7002 Lot Size Acres: 0.1607 Lot Size Square Feet: 7,002
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Listing Price Information
Listing Price: $3250000
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Tax Information
Parcel Number: 5040015035
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Virtual Tour
Parking Information
Parking Total: 9 Gated, Private
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Location Information
Direction: 1287 W. 37th Place | Los Angeles, CA 90007
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | 16 | 8,540 | 12,295 Sqft |
| 1943 Estrella Avenue, Los Angeles, CA, 90007 | $1,350,000 | 8 | 4 | 5,458 | 0.14 Acre |
| 920 W 20th Street, Los Angeles, CA, 90007 | $1,200,000 | 7 | 5 | 3,946 | 6,377 Sqft |
| 1011 W 20th, Los Angeles, CA, 90007 | $1,350,000 | 7 | 4 | 2,511 | 5,916 Sqft |
| 1030 W 20th Street, Los Angeles, CA, 90007 | $975,000 | 5 | 2 | 2,001 | 5,930 Sqft |
| 2127 Portland Street, Los Angeles, CA, 90007 | $1,600,000 | 11 | 11 | 3,715 | 6,152 Sqft |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 6,065 Sqft |
| 1125 W 22nd Street, Los Angeles, CA, 90007 | $800,000 | 3 | 2 | 1,872 | 5,500 Sqft |
| 721 W 30th Street, Los Angeles, CA, 90007 | $6,950,000 | 25 | 23 | 12,928 | 11,795 Sqft |
| 3015 Shrine Place, Los Angeles, CA, 90007 | $2,395,000 | 3 | 3 | 1,988 | 10,074 Sqft |
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ByOwner last updated this listing 09/04/2026 @ 06:45
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