$3,998,888

Residential Income In Los Angeles

  • 28 Baths
  • 8,036 Sqft
  • 6,000 Sqft lot
  • Updated: April 8
  • Source:
    The MLS (CLAW)  MLS#26673035

About the Property

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 ju
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.
  • Property type

    Other

  • Floors

    3

  • Price/sqft

    $497

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Remax Commercial and Investment Realty - Pasadena

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Remax Commercial and Investment Realty - Pasadena
California, United States
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18
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2025
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Remax Commercial and Investment Realty - Pasadena
Pasadena, California, United States
View agency profile
Last updated
April 8
First listed
Apr 7
Listing reference
26673035
Listing status
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