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 : ResidentialIncome

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

  • Interior Features

    Appliances: Dishwasher
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Building Area Total: 8036
    Private Pool: No

  • Lot Information

    Main Square Feet: 6000 Lot Size Acres: 0.1377 Lot Size Source: Other Lot Size Square Feet: 6,000

  • Listing Price Information

    Listing Price: $3998888
    Original Price: $3999000

  • Tax Information

    Parcel Number: 5041025021

  • Location Information

    Direction: Located on 37th Pl, west of Normandie Ave
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 $2,000,000 11 11 7,420 7,420 SqFt
1760 W 24th Street, Los Angeles, CA, 90018 $799,000 6 -- 2,623 2,623 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 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
3111 Halldale Ave., Los Angeles, CA, 90018 $1,300,000 4 2 1,545 1,545 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
2200 S Hobart Boulevard, Los Angeles, CA, 90018 $1,295,000 4 2 2,649 2,649 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 11:12

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

Homes around $3,998,888

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

Tour with a ByOwner Agent