$3,350,000

1344 W 37th Place, Los Angeles, CA 90007

  • 6 beds
  • 5,740 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $584/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are pleased to present 1344 W 37th Pl, a premier 2021-constructed student housing investment opportunity located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC's 46,000+ students, 65% of whom live off-campus, the property offers three units each with 6 bedrooms and 6 bathrooms. Each unit features high-end finishes, quartz countertops, stainless steel appliances, central HVAC, and in-unit laundry, and individually metered for all utilities: gas, electricity, & water. Each unit has only two floors and offers spacious open layouts, designed to promote maximum comfort for the students. The property is ideally situated within walking distance to University Park and near the Expo/Vermont Metro Station providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is fully occupied by USC students and offers a strong 7.23% current cap rate and 9.71 GIM with a monthly scheduled gross income of $28,764, allowing investors to maximize returns in one of Los Angeles' m

Listing Status:
Active
Date Added:
February 24, 2026
Data Last Updated:
April 17, 2026 at 2:08PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Benjamin Lee : 310-909-2317
MLS ID:
CL26656429
  • Laundry: DryerWasher
  • A/C: Central Air
  • Heating: Central
  • Parking: OtherUncovered Parking Space
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5040011008
  • Source: CRMLS

This listing courtesy of Benjamin Lee , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lenicia B. Weemes Elementary

1260 W 36th Pl, Los Angeles, CA, 90007

Grades PK-5

0.14 miles away

F

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.46 miles away

F

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.