1305 W 37th Place Los Angeles, CA $ 1,165,000
1305 W 37th Place
$ 1,165,000
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1305 W 37th Place

Los Angeles, CA, 90007
$ 1,165,000
Bedrooms7 Baths1.0 Sq 2,134

Monthly Estimate*

$ 7,173

Listed by Mi Jeong Kim
1305 W 37th Place, Los Angeles, CA 90007 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,165,000 with 7 bedrooms and 1 full bath. This 2,134 square foot home was built in 1951 on a lot size of 0.1442.

Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.

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Multi-Family Active

Price

$ 1,165,000

Bedrooms

7

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1442

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26833215

Days on Market

2

Features
General
Living Area 2134
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LARD2
Year Built 1951
Stories Count 1
Levels One
Gross Income 90000
County Los Angeles
Net Operating Income 61000
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions On the northwest corner of 37th Pl and Raymond Ave.
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 6283
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.23
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Interior
Interior Amenities Ceiling Fan(s)
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 4
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Exterior
Parking Features Covered Door-Multi Driveway Garage Side By Side Tandem Uncovered
Total Parking 4
Lot Size Area 6283
Number of Buildings 2
Building Area Total 2134
Lot Size Acres 0.1442
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* Excluded Features
List By
Mi Jeong Kim

Broker

mjskre@gmail.com

Email

Affordability Calculator

$7,173
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,173
Monthly Property Taxes
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Monthly Home Insurance
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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
6/16/2026$1,165,000 Listed Price

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1305 W 37th Place, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,165,000 with 2,134 sqft and a lot size of 0.1442. 1305 W 37th Place has 7 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 90007 which is in Los Angeles, CA