1625 W 37th Pl, Los Angeles, CA 90018
1625 W 37th Pl, Los Angeles, CA 90018
1625 W 37th Pl, Los Angeles, CA 90018
19
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$3,998,888
Est. payment /mo
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28 Baths
8,036 SqFt
Active

1625 W 37th Pl Los Angeles, CA 90018

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Samantha Waring

Samantha Waring

+1(702) 639-7484

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,036 sqft

Price per Sqft $497

MLS Listing ID 26673035

Lot Size 6,000 Sqft

Acres 0.1376

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Hardwood

Equipment Solar Panels, Dishwasher

Exterior

Parking Features None

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

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1625 W 37th Pl