1625 W 37th Place, Los Angeles, CA — listing photo 1
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FOR SALE

1625 W 37th Place

Los Angeles, CA 90018
28 Baths
8,036 Sq Ft
$3,998,888
Price ReducedWas $3,999,000 — $3,998,888 (-$112)

Property Overview

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.

Home Details

Property type
Residential Income
Living area
8,036 sq ft
Lot size
6,000 sq ft
Stories
3
Days on market
129
MLS status
Active
Zoning
LAR2

Features & Amenities

Appliances

  • Dishwasher

Parking

  • None

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
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Location & Neighborhood

1625 W 37th Place

Los Angeles, CA 90018

Frequently Asked Questions About 1625 W 37th Place

Property type: Residential Income

The current asking price is $3,998,888. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1625 W 37th Place. Our team will confirm availability and timing.
This 28 bathrooms property offers approximately 8,036 square feet of living space. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 129 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Enrique Viramontes
MLS ID: CLW-X76426

Available property

$3,998,888

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.