$3,998,888
-$1121625 W 37th Place, Los Angeles CA 90018
Multi-Family (28 Units)
Property type
60 days
On market
$498
Price per sqft
N/A
Garage
N/A
Year built
6,000 sqft
Lot size
Home highlights
Open Houses
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...
Listing provided by: Enrique Viramontes DRE #01372010 213-233-4363, Remax Commercial and Investment Realty
Listing updated: Apr 11, 2026 at 07:16am.
Last checked: Jun 4, 2026 at 10:31pm
Source: CRMLS #26673035
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 28 | 1 | 1 | — | $1,350 | $37,800 | $39,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 28
Dishwasher: 28
Financial Snapshot
Gross Rent Multiplier
8.8x
List Price / Annual Gross Rent
Cap Rate
7.65%
NOI / List Price
Net Operating Income: $306,023
Interior
Flooring: Wood
Cooling: Central Air
Heating: Central
Appliances: Dishwasher
Exterior
Stories Total: 3
Levels: Three Or More
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5041025021
Zoning: LAR2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1625 W 37th Place, Los Angeles, CA 90018. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,199,110
Total Interest
$4,080,289
Total Payment
$7,279,399
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,536
per month
Property History for 1625 W 37th Place
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90018.
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