1258 W 37th Drive Los Angeles, CA $ 3,100,000
1258 W 37th Drive
$ 3,100,000
Recently Listed
Share Save

1258 W 37th Drive

Los Angeles, CA, 90007
$ 3,100,000
Bedrooms7 Baths7.0 Sq 4,161

Monthly Estimate*

$ 21,654

Listed by Marcus & Millichap
1258 W 37th Drive, Los Angeles, CA 90007 - Image 1
1258 W 37th Drive, Los Angeles, CA 90007 - Image 2
1258 W 37th Drive, Los Angeles, CA 90007 - Image 3
1258 W 37th Drive, Los Angeles, CA 90007 - Image 4
1258 W 37th Drive, Los Angeles, CA 90007 - Image 5
1258 W 37th Drive, Los Angeles, CA 90007 - Image 6
1258 W 37th Drive, Los Angeles, CA 90007 - Image 7
1258 W 37th Drive, Los Angeles, CA 90007 - Image 8
1258 W 37th Drive, Los Angeles, CA 90007 - Image 9
1258 W 37th Drive, Los Angeles, CA 90007 - Image 10
1258 W 37th Drive, Los Angeles, CA 90007 - Image 11
1258 W 37th Drive, Los Angeles, CA 90007 - Image 12
1258 W 37th Drive, Los Angeles, CA 90007 - Image 13
1258 W 37th Drive, Los Angeles, CA 90007 - Image 14
1258 W 37th Drive, Los Angeles, CA 90007 - Image 15
1258 W 37th Drive, Los Angeles, CA 90007 - Image 16
1258 W 37th Drive, Los Angeles, CA 90007 - Image 17
1258 W 37th Drive, Los Angeles, CA 90007 - Image 18
1258 W 37th Drive, Los Angeles, CA 90007 - Image 19
1258 W 37th Drive, Los Angeles, CA 90007 - Image 20

Multi-Family Home for sale in Los Angeles, CA

for $3,100,000 with 7 bedrooms and 7 full baths. This 4,161 square foot home was built in 1906 on a lot size of 0.0992.

Newly constructed 13-bed student housing investment opportunity located two blocks west of the University ofSouthern California, within the USC Department of Public Safety 24 Hour Patrol Zone.Designed and developed by Tripalink, a leading student housing operator with a proven track record of deliveringbest-in-class off-campus housing and providing tenants with an unparalleled housing experience through their techdrivenand data-oriented operation and development model.The property features a three-story duplex in the front and a free-standing ADU in the rear. The duplex wasbuilt in 2022, and the ADU was completed in 2024. The duplex consistslex consists of a two-bedroom twobathroomtownhouse unit with four single beds in the front and a two-bedroom two-bathroom townhouse unitwith six single beds in the rear. The ADU is a three bedroom, three bathroom leased as three single beds.Half-mile walk to the main University Park Campus of USC and less than a mile from USC Village.Down the street from the Expo/Vermont metro rail station, allowing residents an easy commute to Downtown LosAngeles, Mid-City, and the Westside outside of their daily commute to campus.Designed with a co-living philosophy and meticulously constructed with operational efficiency and a superior tenantexperience in mind.All bedrooms were designed as co-living private suites and feature a private bathroom in addition to being securedby Smart Locks and Virtual Key Cards, powered by Tripalink's propriety mobile app and tenant portal.All bedrooms and common areas are delivered furnished to residents upon move-in and feature in-unit laundry andexpansive kitchens; in addition to tenant-centric amenities such as bi-weekly cleaning of the common areas, WiFicoverage, covered utilities, 24/7 maintenance and community events.Prime opportunity to acquire a newly built, recession-proof passive investment with no deferred maintenance andstrong in-place income.

See more

Multi-Family Active

Price

$ 3,100,000

Bedrooms

7

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0992

Year Built

1906

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24379147

Days on Market

18

Features
General
Heating WallFurnace
Zoning LARD2
Year Built 1906
Levels MultiSplit
Gross Income 265944.0
County Los Angeles
Net Operating Income 183917.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Located two blocks west of the University of Southern California located within the USC Department of Public Safety 24Hour Patrol Zone.
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 4319.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 37th
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Standard Status Active
See more
Exterior
Parking Features None
Total Parking 0.0
Lot Size Area 4319.0
Number of Buildings 3
Spa N
Building Area Total 4161.0
Lot Dimensions 40x108
Lot Size Acres 0.0992
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 7
See more
Internal Only
Street Number 1 1258
See more
* Excluded Features
List By
Marcus & Millichap

Broker

(310) 909-5444

Phone

Affordability Calculator

$21,654
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,654
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$3,100,000 Listed Price

Map


See all

1258 W 37th Drive, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $3,100,000 with 4,161 sqft and a lot size of 0.0992. 1258 W 37th Drive has 7 bedrooms, 7.0 baths, and was built in 1906. The property's zip code is 90007 which is in Los Angeles, CA