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For sale
  • $3,100,000

    1207 W 37th Pl, Los Angeles, CA 90007

    14beds
    13baths
    5,372sqft
    : 
    Multi Family
    Built in 1901
    -- sqft lot
    $2,869,700 Zestimate®
    $577/sqft
    $-- HOA

    What's special

    Modern systemsBonus loft areasFully upgraded buildingsOversized bedroomsOn-site parkingIn-unit laundry
    *This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, it's just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.
    58 days
    on Zillow
    |
    65
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 05:06pm

    Listed by:

    Michael R. Fukushima DRE # 01380445 818-321-6490,

    Keller Williams Los Angeles 562-334-1500,

    Stephen F. Watson DRE # 01187813 213-446-3636,

    Keller Williams Los Angeles

    Source: CLAW,MLS#: 25546991MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 13
    Heating
    • None
    Cooling
    • Air Conditioning
    Interior area
    • Total structure area: 5,372
    • Total interior livable area: 5,372 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Gated
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 7,000.09 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5040015021
    • Zoning: LARD2
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: A-Frame
    • Property subtype: Multi Family
    Condition
    • Year built: 1901

    Community & HOA

    Community
    • Security: Gated
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $577/sqft
    • Tax assessed value: $1,239,816
    • Annual tax amount: $15,549
    • Date on market: 6/4/2025
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