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1539-1543 W 37th Pl
Los Angeles, CA 90018
Huge Price Adjustment-7.45% Current CAP Rate! · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Premier New Construction Built in 2023 Walking Distance to USC Campus, Exposition Park, BMO Stadium, LA Coliseum, and numerous restaurants and shops
  • Turnkey Operation provides a Hassle-Free Investment Opportunity Eliminating the Need for Costly Renovations, can be sold with management in-place
  • Premier construction with new hardwood floors, stainless steel kitchen appliances, glass enclosed showers, quartz counter tops, in-unit washer & dryer
  • Priced to Sell with a CAP Rate of 7.45% on Current In-Place Income and 9.34 GRM will provide great cash flow Day 1!
  • Co-Living/Student Housing Investment Opportunity Leased out to Long-term Tenants that always pay on time, with almost 15% Upside in Rental Income
  • 22 Bedrooms All with Private En-Suite Bathrooms Rented Individually to USC Students and Young Professionals

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 6,351 SF
Average Occupancy 100%
No. Stories 3
Year Built 2023
Zoning R2 - Two-Family Dwellings R1 Uses, Home Occupations

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Washer/Dryer
  • Security System
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances
  • Tub/Shower
  • Double Pane Windows
  • Family Room

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 22 $1,250 250

Property Taxes

Property Taxes

Parcel Number
5041-027-022
Land Assessment
$864,862
Improvements Assessment
$1,595,973
Total Assessment
$2,460,835
  • Listing ID: 35207673

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 1539-1543 W 37th Pl, Los Angeles, CA 90018

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