1329 W 37th, Los Angeles, CA 90007

Property Description

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2020-construction 3-unit residential investment property located in the desirable USC/Exposition Park area at 1329–1331½ W. 37th Place, Los Angeles, CA 90007. This property contains 3 units one unit with 4-bedrooms and 5-bathrooms and another 2 units with 3-bedroom and 5 bathrooms. Currently this property is 100% occupied and is generating over $15,000 per month. Strategically situated within walking distance of the University of Southern California (USC), USC Village, 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 and bedroom-based rental configuration offer investors an opportunity to capitalize on the established university-area rental 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.