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

Los Angeles, CA, 90018
$ 3,998,888
Baths28.0 Sq 8,036

Monthly Estimate*

$ 24,622

Listed by Remax Commercial and Investment Realty
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,998,888 with 28 full baths. This 8,036 square foot home was built on a lot size of 0.1377.

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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Multi-Family Active

Price

$ 3,998,888

Bedrooms

Studio

Full Bath

28

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1377

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26673035

Days on Market

12

Features
General
Living Area 8036
Heating Central
Cooling Central Air
Appliances Dishwasher
Zoning LAR2
Levels Three Or More
Gross Income 453600
County Los Angeles
Net Operating Income 306023
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Located on 37th Pl west of Normandie Ave
City Los Angeles
Senior Community Y/N false
Number Of Units Total 28
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 6000
Standard Status Active
Cap Rate 7.65
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Interior
Flooring Wood
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 28
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 6000
Number of Buildings 1
Building Area Total 8036
Lot Size Acres 0.1377
Lot Size Source Other
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

eviramontes@remaxcir.com

Email

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$24,622
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Monthly Principal & Interest
$24,622
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$3,998,888 0.00% Price Down
4/6/2026$3,999,000 Listed Price

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1625 W 37th Place, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $3,998,888 with 8,036 sqft and a lot size of 0.1377. 1625 W 37th Place is a studio with 28.0 baths. The property's zip code is 90018 which is in Los Angeles, CA