$2,885,000
1250 W 37th Street, Los Angeles CA 90007
Multi-Family (9 Units)
Property type
65 days
On market
$428
Price per sqft
N/A
Garage
1964
Year built
7,252 sqft
Lot size
Home highlights
Open Houses
Overview
We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. This turnkey investment has undergone approximately $400,000 in recent capital improvements,...
Listing provided by: Davis Saadian DRE #01921748 310-402-8958, Keller Williams Hollywood Hills
Listing updated: Apr 11, 2026 at 02:17pm.
Last checked: Jun 4, 2026 at 10:31pm
Source: CRMLS #26671171
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,755 | $1,755 | $2,000 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 3 | 1 | — | $2,650 | $2,650 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
| 1 | 2 | 1 | — | $2,250 | $2,250 | $2,500 | Furnished |
# of Buildings: 1
# of Units Total: 9
Dishwasher: 9
Disposal: 9
Refrigerator: 9
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
6.75%
NOI / List Price
Net Operating Income: $194,575
Interior
Interior Features: Ceiling Fans
Flooring: Tile
Cooling: Dual
Heating: Combination
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Gated, Private
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 5040015010
Zoning: LARD2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1250 W 37th Street, Los Angeles, CA 90007. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,308,000
Total Interest
$2,943,727
Total Payment
$5,251,727
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,743
per month
Property History for 1250 W 37th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90007.
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