1625 W 37th Place, Los Angeles, CA 90018
Local realty services provided by:ERA North Orange County Real Estate
1625 W 37th Place,Los Angeles, CA 90018
$3,999,000
- - Beds
- 28 Baths
- 8,036 sq. ft.
- Multi-family
- Active
Listed by: enrique viramontes
Office: remax commercial and investment realty
MLS#:26673035
Source:CRMLS
Price summary
- Price:$3,999,000
- Price per sq. ft.:$497.64
About this home
Presenting an exceptional opportunity to acquire a brand-new, purpose-built apartment building located at 1625 W 37th Pl, Los Angeles, CA. Thoughtfully designed for long-term durability and high tenant demand, this modern property offers 28 bedrooms with private en-suite bathrooms across three expansive units, each crafted with designer finishes and high-quality construction standards.Situated just minutes from USC and steps from the Metro Expo Line (in addition to other public transportation options), the building is ideally positioned to attract students, young professionals, and the growing co-living market. Each unit features a spacious community living room, generous kitchen, and substantial storage, providing an elevated living experience tailored to shared housing needs.With no rent control restrictions due to its new-construction status, investors benefit from full operational flexibility and the ability to maximize income from day one. At the asking price, the asset delivers strong cash flow with a cap rate exceeding 7.5%, making it a high-yield opportunity priced below current market alternatives. The Certificate of Occupancy was issued and dated February 2026.This is a rare chance to secure a high-performing, well-located, and newly built asset in one of Los Angeles' most resilient rental corridors....
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Home facts
- Listing ID #:26673035
- Added:1 day(s) ago
- Updated:April 07, 2026 at 01:43 AM
Rooms and interior
- Total bathrooms:28
- Flooring:Wood
- Kitchen Description:Dishwasher
- Living area:8,036 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Building area:8,036 sq. ft.
- Lot area:0.14 Acres
- Levels:Three Or More
Finances and disclosures
- Price:$3,999,000
- Price per sq. ft.:$497.64
Features and amenities
- Appliances:Dishwasher
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