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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,998,888

Est. payment - /mo

28 Baths

8,036 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,036 sqft

Price per Sqft $497

MLS Listing ID 26673035

HOA Y/N No

Lot Size 5,998 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Dishwasher

Exterior

Parking Features None

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5041025021

Special Listing Condition Standard

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Listed by Enrique Viramontes Remax Commercial and Investment Realty #01372010

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1625 W 37th PL Los Angeles, CA 90018