1625 W 37th Place, Los Angeles, CA 90018

• 8,036 sqft

Property Description

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' m

Listing Status:

Active

Date Added:

April 3, 2026

Data Last Updated:

April 15, 2026 at 2:08AM

Listing Office:

Remax Commercial and Investment Realty : 213-817-1000

Listing Agent:

Enrique Viramontes : 213-233-4363

MLS ID:

CL26673035

Interior

• Flooring: Wood
• A/C: Central Air
• Heating: Other

Exterior

• Parking: None

Location

• County: Los Angeles

Lot

• Zoning: LAR25041025021