1287 W 37th Place, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1287 W 37th Place,Los Angeles, CA 90007
$3,250,000
  • 20 Beds
  • 11 Baths
  • 7,162 sq. ft.
  • Multi-family
  • Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26914391
Source:CRMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$453.78

About this home

We are pleased to present "The Bryce", a 9-unit, 20-bedroom student housing apartment complex located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block West of the USC campus & Village. Built in 1965, the property sits on a 6,970 square foot lot with approximately 7,162 square feet of building area and offers 9 gated on-site parking spaces. The property is currently 100% leased and generates $25,000/month of gross income, comprised of $24,850 in scheduled rental income plus approximately $150 in laundry income, representing $300,000 in scheduled annual income. At the offering price, the investment provides an attractive 7.5% current cap rate and a 10.9x current gross rent multiplier (GRM). Approximately $500,000 has been invested in capital improvements for this property. The entire property has been extensively renovated with improvements that include updated kitchens, bathrooms and bedrooms; copper plumbing upgrades; electrical system...

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Home facts

  • Year built:1965
  • Listing ID #:26914391
  • Added:51 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:11
  • Kitchen Description:Refrigerator, Washer
  • Living area:7,162 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1965
  • Building area:7,162 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$453.78

Features and amenities

  • Appliances:Disposal, Dryer, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:9
  • Parking description:Gated, Private
Based on information from California Regional Multiple Listing Service, Inc. as of October 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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