1625 W 37th Place, Los Angeles, CA 90018
1625 W 37th Place, Los Angeles, CA 90018
1625 W 37th Place, Los Angeles, CA 90018
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$3,998,888
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8,036 SqFt
Active

1625 W 37th Place Los Angeles, CA 90018

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Grant Inaba

Grant Inaba

+1(415) 992-2330

UPDATED:

Key Details

Property Type COMM RI MULTI-UNITS 5

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,036 sqft

Price per Sqft $497

MLS Listing ID CL26673035

HOA Y/N No

Lot Size 6,000 Sqft

Acres 0.1377

Property Sub-Type Other

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' most resilient rental corridors.

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Other

Cooling Central Air

Flooring Wood

Fireplace No

Building

New Construction No

Others

Tax ID 5041025021

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Enrique Viramontes • Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

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Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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1625 W 37th Place

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