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About This Home

This 0-bedroom, 28-bathroom residential multi family at 1625 W 37th Pl in Los Angeles, CA is listed for $3,998,888 ($498 per sqft). the home offers 8,036 sqft of living space on a 0.14 acres lot.

Agent Description

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 an

d 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.

Key Features

  • 0.14 acre lot
  • 3 stories

Property Details

3 stories
1 full

Amenities

HardwoodA/C

Monthly Cost Estimate

$21,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166

Estimates only. Actual payments may vary.

Location

1625 W 37th Pl

Los Angeles, CA 90018

Property Details

Flooring

Hardwood

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 28-bathroom residential multi family at 1625 W 37th Pl is listed at $3,998,888 ($498/sqft). The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.

Key features include: 0.14 acre lot, 3 stories.

This property is listed by Enrique Viramontes and can be reached at 2132334363 or eviramontes@remaxcir.com.

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EV

Enrique Viramontes

Agent at Remax Commercial and Investment Realty

(213) 233-4363

Listed by Remax Commercial and Investment Realty

MLS# 26673035· Source: listhub· Updated 7 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1625 W 37th Pl, Los Angeles, CA 90018

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