$4,500,000
1444 W 37th Street, Los Angeles CA 90018
Multi-Family (Duplex)
Property type
137 days
On market
$497
Price per sqft
2 cars
Garage
2024
Year built
6,841 sqft
Lot size
Home highlights
Open Houses
Overview
This is a prime investment opportunity located just minutes from USC in a high-demand rental market. The property offers strong rental income potential and is ideal for student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing or long-term rental use, with consistent tenant demand and excellent...
Listing provided by: Zhu Liu DRE #02116709, Pinnacle Real Estate Group
Listing updated: Feb 24, 2026 at 07:34pm.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #OC26013171
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 32 | 34 | 2 | $429,636 | $429,636 | $429,636 | Furnished |
# of Buildings: 1
# of Units Total: 1
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
8.7x
List Price / Annual Gross Rent
Cap Rate
10.37%
NOI / List Price
Gross Scheduled Income: $518,400
Operating Expense: $51,000
Net Operating Income: $466,560
Annual Operating Expenses
Electric: $6,000
Fuel: $0
Insurance: $10,000
Professional Management: $33,840
Trash: $150
Water / Sewer: $2,000
Interior
Interior Features: All Bedrooms Up
Room Type: Bedroom
Cooling: Central Air
Heating: Central
Laundry: Common Area
Entry Location: Front Door, Side Door
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Item1 Common Wall
Lot Features: Item25 Units Acre
Pool: None
Water Source: Public
Sewer: Other
View: Neighborhood
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5041028010
Additional Parcels: No
Tax Lot: 16
Zoning: LAR2
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Sidewalks
Nearby Schools
Nearby schools around the 1444 W 37th Street, Los Angeles, CA 90018. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,600,000
Total Interest
$4,591,602
Total Payment
$8,191,602
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,592
per month
Property History for 1444 W 37th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90018.
Similar Homes
Listings with similar prices to 1444 W 37th Street