Active
1205 W 37th Dr
Los Angeles CA, 90007
$3,750,000
$756.66 per sqft
Active
14 Beds
14 Baths
4,956 sqft
Multi-family
Built in 1915
We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone's throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.
24-433527
MLSⓇ ID
August 30, 2024
Listed
November 22, 2024
Updated
Map
1205 W 37th Dr
Los Angeles CA, 90007
Interior Features
Total Stories
3
Bedrooms
14
Total Bathrooms
14
Appliances
Garbage Disposal, Refrigerator, Range/Oven, Dishwasher
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Architectual Style
Contemporary
Other Property Details
Area Name
Los Angeles Southwest
Days on Market
76
Garage
No
Parking
None
Parking Total
0
View
Yes
View Description
City
County
Los Angeles
Pool
No
Zoning
LARD2
Listing History
Date | Event | Price |
---|---|---|
11/14/2024 | Price change | $3,750,000 -6% |
Listed by Jerome McAlpin with McAlpin & Company
Listing Contact: 310-902-8977
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Clara Yang | CA DRE# 01201082 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024