1625 W 37th Place, Los Angeles, CA 90018

  • $3,998,888
1625 W 37th Place
ResidentialIncome Active
1625 W 37th Place, Los Angeles, CA 90018
1625 W 37th Place
  • $3,998,888

Overview

Property ID: HZ26673035
  • 0
  • Bedroom
  • 28
  • Bathrooms
  • 8036
  • Sq Ft

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.

  • Address 37th
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90018

Details

Updated on April 11, 2026 at 10:08 am
  • Property ID: HZ26673035
  • Price: $3,998,888
  • Property Size: 8036 Sq Ft
  • Bedroom: 0
  • Bathrooms: 28
  • Property Status: ResidentialIncome
  • Listed by: Enrique Viramontes
  • DRE #: 01372010
  • Contact Mail: eviramontes@remaxcir.com
  • Brokered by: Remax Commercial and Investment Realty

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