# 1625 W 37th Pl, Los Angeles, CA 90018

> **TL;DR:** 0bd/28ba residential multi family, $3,998,888 ($498/sqft), 8,036 sqft.
> Hardwood, A/C. Est. $17,329/mo. Listed 7 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,998,888 |
| Price/sqft | $498 |
| Bathrooms | 1 full |
| Square Feet | 8,036 |
| Lot Size | 5,994 sqft (0.14 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 7 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17,329 |
| **Total** | **$17,329** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- 0.14 acre lot
- 3 stories

## Description

### 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 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.

## Location

- **Address:** 1625 W 37th Pl, Los Angeles, CA 90018
- **County:** Los Angeles
- **Coordinates:** 34.020274, -118.306912
- **Google Maps:** https://www.google.com/maps?q=34.020274,-118.306912

## Listing Agent

- **Name:** Enrique Viramontes
- **Brokerage:** Remax Commercial and Investment Realty
- **Phone:** 2132334363
- **Email:** eviramontes@remaxcir.com

## Primary Photo

![1625 W 37th Pl - Primary Photo](http://lh.rdcpix.com/4554bd8e14bf382bc7693260e5e92a16l-f4215928373r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/1625-w-37th-pl-los-angeles-ca-90018-26673035)*

---

**MLS#:** 26673035 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1625-w-37th-pl-los-angeles-ca-90018-26673035)

---

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