*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.
For sale
$3,100,000
1207 W 37th Pl, Los Angeles, CA 90007
14beds
13baths
5,372sqft
Est.:
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
- 58 days
- on Zillow |
- 65 |
- 0 |
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#: 25546991

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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