1597 W 37th Street, Los Angeles, CA 90018

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1597 W 37th Street,Los Angeles, CA 90018
$2,900,000
  • 27 Beds
  • 27 Baths
  • 7,341 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26853569
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$395.04

About this home

We are pleased to present 1597 W 37th Street, a 2025 ground-up new construction asset in the Exposition Park neighborhood of Los Angeles, located just west of USC. Totaling approximately 7,341 rentable square feet across three fully furnished units and 27 beds, each with its own private en-suite bathroom, the property offers exceptional versatility across multiple housing strategies, including student rentals, co-living, affordable housing, or program-based and transitional housing. The asset features premium finishes throughout, including quartz countertops, stainless steel appliances, tiled showers with glass enclosures, new flooring, and in-unit washers and dryers, minimizing near-term capital requirements and maximizing tenant appeal. At just $395 per square foot, the acquisition basis represents a significant discount to current replacement cost for comparable new construction in Los Angeles, a basis that would be nearly impossible to replicate at today's construction costs. This...

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Home facts

  • Year built:2025
  • Listing ID #:26853569
  • Added:44 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:27
  • Total bathrooms:27
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator
  • Living area:7,341 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:7,341 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$395.04

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:2
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