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1250 W 37th St
Los Angeles CA 90007 US

$2,885,000

Active Listing ID 26671171
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18 bed
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16.00 Bath (9 Full)
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Lot: 0.17 Acres
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Other

$2,885,000

Active Listing ID 26671171
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1250 W 37th St We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. This turnkey investment has undergone approximately $400, 000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6, 734 rentable square feet on a 7, 250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants.The property is 100% occupied with USC students and fully leased for the 20252026 academic year, generating a gross income of $20, 255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.75% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles' most sought-after rental markets. Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety. Email listing agent for the Executive Summary/ Financial Analysis.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 9
  • Floor Covering: Tile, Vinyl

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2885000
  • unparsedaddress: 1250 W 37th St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90007
  • bathroomsfull: 9
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1665
  • lotsizeunits: Acres
  • lotsizearea: 0.1665
  • livingarea: 6734
  • livingareaunits: Square Feet
  • latitude: 34.020671
  • longitude: -118.296069
  • listagentfullname: Davis Saadian
  • listagentemail: davis@saadiangroup.com
  • listagentkey: 3yd-CLAWCA-C114727
  • listagentmlsid: C114727
  • listagentpreferredphone: 3104028958
  • listagentofficephone: 3106231300
  • listofficekey: 3yd-CLAWCA-X7252101
  • listagentstatelicense: 01921748
  • listofficemlsid: X7252101
  • disclaimer: 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.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1964
  • listingcontractdate: 2026-04-01
  • listagenturl: www.saadiangroup.com
  • countyorparish: Los Angeles
  • parcelnumber: 5040-015-010
  • flooring: Tile, Vinyl
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Garage, Gated
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 15, Bedroom 2, Bedroom 15, Bathroom 10, Bedroom 16, Bathroom 6, Bedroom 12, Bedroom 1, Bathroom 14, Bathroom 7, Bedroom 7, Bedroom 6, Bedroom 13, Bathroom 11, Bathroom 12, Bathroom 4, Bathroom 16, Bathroom 13, Bedroom 3, Bedroom 17, Bathroom 9, Bedroom 5, Bedroom 14, Bathroom 2, Bedroom 8, Bedroom 11, Bedroom 18, Bedroom 9, Bathroom 8, Bedroom 10, Bathroom 5
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.29607, 34.02067
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Listing Changed: 4/1/2026 1:42:43 PM GMT
Source Updated Date: 4/3/2026 6:58:40 PM GMT

Courtesy of: Davis Saadian, Keller Williams Hollywood Hills, davis@saadiangroup.com

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.