1236 W 37th, Los Angeles, CA 90007

Property Description

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 3-unit 2021-constructed residential investment property located in the highly desirable USC/Exposition Park area at 1236–1238 W. 37th Place, Los Angeles, CA 90007. This property consists of 3-units and each unit contains 4 bedrooms and 4 bathrooms making is conducive for co-living rentals. This asset is currently fully leased and is generating $16,000 per month. Strategically situated near the University of Southern California (USC), Exposition Park, public transportation, shopping, dining, and major employment centers, the property is well-positioned to benefit from continued demand for student-oriented and flexible residential housing. Its proximity to USC provides an attractive opportunity for investors seeking rental income from the university-area housing market. This property is part of a 6-building Co-Living Apartment Portfolio collectively offered at $9,900,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.