1625 W 37th Place, Los Angeles, CA 90018
For Sale
$3,998,888

1625 W 37th Place
Los Angeles, CA 90018

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.
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Listing Agent: Enrique Viramontes | Office: Remax Commercial and Investment Realty
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Josephine & Raj Sharma
Legacy Homes Realty
Advertising Agent:
Josephine & Raj Sharma
Legacy Homes Realty
Listing Agent:
Enrique Viramontes
Remax Commercial and Investment Realty
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-31 16:03:12 (GMT / UTC +0) and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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