$3,950,000
Active
36 Days Online
14 Beds14 Baths4,956 SQFT
Active

1205 W 37th Drive Los Angeles, CA 90007

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We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone's throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number24433527
  • Home Size Source N/A
  • Year Built1915
  • Lot Size0.1516 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Contemporary
  • Parking None
  • Parking Spaces 0
  • Number of Stories Multi/Split3
  • Acreage 0.1516
  • Zoning LARD2
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherDisposalRefrigerator
  • Flooring Laminate

Exterior Features

  • View City Lights

Community Features

  • Senior Community No
  • MLS Area C34 - Los Angeles Southwest

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Monthly Payment (Est.)

$19,190
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