$3,099,000
-$151,0001344 W 37th Place, Los Angeles CA 90007
Multi-Family (3 Units)
Property type
100 days
On market
$540
Price per sqft
N/A
Garage
2021
Year built
6,602 sqft
Lot size
Home highlights
Open Houses
Overview
Price reduced and delivered with a Master Lease contract in place. Please contact the listing agents for more details. We are pleased to present 1344 W 37th Pl, a premier 2021-constructed student housing investment opportunity located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC's 46,000+ students, 65% of...
Listing provided by: Benjamin Lee DRE #02123715 347-579-3071, Lyon Stahl Investment Real Estate, Inc., Chi Zhang DRE #02086778 310-647-3456, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Jun 2, 2026 at 11:09pm.
Last checked: Jun 2, 2026 at 11:30pm
Source: CRMLS #26656429
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 6 | 6 | — | $8,988 | $8,988 | $8,988 | Furnished |
# of Buildings: 2
# of Units Total: 3
Dishwasher: 3
Disposal: 3
Refrigerator: 3
Tenant Pays: Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
9.0x
List Price / Annual Gross Rent
Cap Rate
7.95%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $246,432
Interior
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Two
Security Features: Carbon Monoxide Detectors, Fire Detection System, Gated Community, Resident Manager, Smoke Detectors
Garage and Parking
Parking: Uncovered
Uncovered Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 5040011008
Zoning: LARD2
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 1344 W 37th Place, Los Angeles, CA 90007. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,479,200
Total Interest
$3,162,083
Total Payment
$5,641,283
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,048
per month
Property History for 1344 W 37th Place
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90007.
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