Active

1625 W 37th Place

Los Angeles, CA 90018
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt8,036

Sqft

SqFt6,000

Sqft(Lot)

Presenting an exceptional opportunity to acquire a brand-new, purpose-built apartment building located at 1625 W 37th Pl, Los Angeles, CA. Thoughtfully designed for long-term durability and high tenant demand, this modern property offers 28 bedrooms with private en-suite bathrooms across three expansive units, each crafted with designer finishes and high-quality construction standards.Situated just minutes from USC and steps from the Metro Expo Line (in addition to other public transportation options), the building is ideally positioned to attract students, young professionals, and the growing co-living market. Each unit features a spacious community living room, generous kitchen, and substantial storage, providing an elevated living experience tailored to shared housing needs.With no rent control restrictions due to its new-construction status, investors benefit from full operational flexibility and the ability to maximize income from day one. At the asking price, the asset delivers strong cash flow with a cap rate exceeding 7.5%, making it a high-yield opportunity priced below current market alternatives. The Certificate of Occupancy was issued and dated February 2026.This is a rare chance to secure a high-performing, well-located, and newly built asset in one of Los Angeles' most resilient rental corridors.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $3,998,888

AD Id : 76807673

MLS Id : 26673035

Lot Size : 6,000 Sqft

Living Area Size : 8,036

Year Built : --

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 28 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher Flooring: Wood
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Building Area Total: 8,036

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1377
  • Lot Size Source: Other Lot Size Square Feet: 6000

  • Listing Price Information

    Original List Price: 3,998,888 Listing Contract Date: 2026-04-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5041025021

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 4517 Directions: Located on 37th Pl, west of Normandie Ave Zoning: LAR2 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest
  • Building and Construction

    Year Built Source: Vendor Enhanced Total Square Feet Living: 8036 Levels or Stories: Three Or More
Sell a home like this and save $239,434 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,100,000 11 -- 7,420 7,420 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
2640 Dalton Avenue, Los Angeles, CA, 90018 $1,250,000 -- -- 5,621 5,621 SqFt
1419 W 36th Street, Los Angeles, CA, 90018 $1,395,000 4 -- 4,786 4,786 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2822 S La Salle Avenue, Los Angeles, CA, 90018 $1,699,000 4 -- 4,320 4,320 SqFt
2205 S Hobart Boulevard, Los Angeles, CA, 90018 $1,395,000 5 4 3,623 3,623 SqFt
1506 W 36th Street, Los Angeles, CA, 90018 $1,150,000 8 -- 5,118 5,118 SqFt
2936 S Harvard Boulevard, Los Angeles, CA, 90018 $899,000 3 2 1,400 1,400 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/12/2026 @ 23:40

MLS: 26673035 LISTED BY: Enrique Viramontes, Remax Commercial and Investment Realty 213-817-1000 SOURCE: CRMLS

Selling? Save $239,434 when you sell a home like this

Tour with a ByOwner Agent