1625 W 37th Place, Los Angeles 90018

$3,998,888

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1

Bed

1

Bath

8,036

Square feet

6,000

Lot Size

28

# Of Units

Listing Agent
Enrique Viramontes - Remax Commercial and Investment Realty

About 1625 W 37th Place

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.

Features of 1625 W 37th Place

MLS® # 26673035
Price $3,998,888
Bedrooms 1
Bathrooms 1.00
Square Footage 8,036
Lot Size 6,000
Type Residential Income
Status Active
# Of Units 28

Community Information

Address 1625 W 37th Place
Area C34 - Los Angeles Southwest
City Los Angeles
County Los Angeles
Zip Code 90018

Amenities

Parking None
Garages None
Is Waterfront No
Has Pool No

Interior

Interior Wood
Appliances Dishwasher
Heating Central
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 3
Stories Three Or More

Additional Information

Date Listed April 3rd, 2026
Days on Market 16
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEnrique Viramontes
OfficeRemax Commercial and Investment Realty

Listing Map

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