

1625 W 37th PlLos Angeles, CA 90018
Multi-Family · 8,036 Sq. ft. | 0.14 Acres1625 W 37th Pl Overview
- Time on Site:
- 84 days
- Visits:
- 0
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.
1625 W 37th Pl Facts & Features
- Type Multi-Family
- Sq. ft. 8,036
- Price/Sq.ft. $498
- Lot 0.14 Acres
Details
General
Income/Expenses
- Gross Income: 453600
- Net Operating Income: 306023.00
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Los Angeles Southwest
Tax Information
- Tax Assessed Value: 1150000
General Information
- Disclosures: None
- Property Type: Residential Income
- Zoning: LAR2
Interior
Beds/Baths
- Bathrooms Total: 28.00
- Bedrooms Total: 0
General Information
- Cooling: Central
- Flooring: Hardwood
- Heating: Central
- Levels: Three Or More
- Living Area: 8036
- Living Area Source: Other
- Stories: 3
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.1376
- Lot Size Area: 6000
- Lot Size Source: Other
- Number Of Buildings: 1
General Information
- Number Of Units Total: 28
- Other Structures: None
1625 W 37th Pl Neighborhood
Community
90018 (Los Angeles) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1625 W 37th Pl Monthly Cost
1625 W 37th Pl Market Data
Based on the last 30 days in this zip code
1625 W 37th Pl History
| Date | Value | Agent |
|---|---|---|
| 4/7/2026Source: CRMLS | $3,998,888 -0.0% |
|
| 4/7/2026Source: TheMLS (CLAW) | $3,998,888 -0.0% |
|
| 4/6/2026Source: CRMLS | April 06, 2026 |
|
| 4/6/2026Source: TheMLS (CLAW) | April 06, 2026 |
|
| 10/28/2023Source: CRMLS | Closed |
|
| 10/27/2023Source: CRMLS | Active Under Contract |
|
| 10/10/2023Source: CRMLS | October 10, 2023 |