Map location of 1250 W 37th Street, Los Angeles, CA 90007
$2,995,000
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1250 W 37Th Street, Los Angeles, CA 90007

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18 Beds
9 Baths
6,734 Sq Ft
Listing By: Davis Saadian - Keller Williams Hollywood Hills camrmls-p Realty.com

We are pleased to present the exclusive opportunity to acquire this beautifully updated, modern nine-unit (18-bedroom) student housing apartment community located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC). This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants. The property is 100% occupied with USC students and fully leased for the 2025 - 2026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.5% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles' most sought-after rental markets.Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety.

  • MLS# 25619343
  • Date Listed11/14/2025
  • Days on Realty 24 Days
  • Bedrooms 18
  • Bathrooms 9 baths
  • Lot Size 0.17 acres (7,252 sq. ft)
  • County Los Angeles
  • Year Built 1964
  • Square Feet 6,734 sq. ft
  • Price Per Sq. Ft $444.76

Interior Features

  • Appliances Disposal, Microwave, Refrigerator, Dryer, Washer
  • Cooling Dual

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.17
  • Lot Size SQFT 7,252.00
  • Lot Features -

Directions

1250 W. 37th Street | Los Angeles, CA 90007

Financial Considerations

Nearby Schools

Source: School Digger

Lenicia B. Weemes Elementary School

Public • PK - 5 • Serves this home

0.29 mi

Distance

John W. Mack Elementary School

Public • PK - 5

1.01 mi

Distance

Vermont Avenue Elementary School

Public • PK - 5

1.01 mi

Distance

Birdielee V. Bright Elementary School

Public • PK - 5

1.12 mi

Distance

Menlo Avenue Elementary School

Public • PK - 5

1.16 mi

Distance

Twenty-fourth Street Elementary School

Public • PK - 4

1.42 mi

Distance

West Vernon Avenue Elementary School

Public • PK - 5

1.66 mi

Distance

Magnolia Avenue Elementary School

Public • PK - 5

1.92 mi

Distance

Kipp Vida Preparatory Academy

Public • PK - 4

2.04 mi

Distance

Normandie Avenue Elementary School

Public • PK - 5

2.04 mi

Distance

William Jefferson Clinton Middle School

Public • 6 - 8 • Serves this home

1.29 mi

Distance

Crown Preparatory Academy

Public • 5 - 8

1.42 mi

Distance

Public Policy Charter

Public • 5 - 8

1.53 mi

Distance

Kipp Scholar Academy

Public • 5 - 8

1.53 mi

Distance

New Designs Charter School-watts

Public • 6 - 12

1.57 mi

Distance

John Adams Middle School

Public • 6 - 8

2.1 mi

Distance

Alliance Gertz-ressler Richard Merkin 6-12 Complex

Public • 6 - 12

2.26 mi

Distance

Barack Obama Global Preparation Academy

Public • 6 - 8

2.3 mi

Distance

Russell Westbrook Why Not? Middle

Public • 6 - 8

2.3 mi

Distance

Libertas College Preparatory Charter

Public • 4 - 8

2.3 mi

Distance

Usc Ednovate - Hybrid High School

Public • 9 - 12 • Serves this home

1.16 mi

Distance

Manual Arts Senior High School

Public • 9 - 12

1.16 mi

Distance

Animo Jackie Robinson High School

Public • 9 - 12

1.29 mi

Distance

Youthbuild - The Dream Academy - World Impact

Public • 10 - 13

1.92 mi

Distance

West Adams Preparatory High School

Public • 9 - 12

1.92 mi

Distance

The Education Corps

Public • 9 - 12

2.1 mi

Distance

Math And Science College Preparatory

Public • 9 - 12

2.11 mi

Distance

Early College Academy - La Trade Tech College

Public • 9 - 12

2.27 mi

Distance

Russell Westbrook Why Not? High

Public • 9 - 12

2.3 mi

Distance

Wallis Annenberg High School

Public • 9 - 12

2.34 mi

Distance

Little Citizens Westside Academy

Private • 03 - 12

1.53 mi

Distance

Loyola High School Of Los Angeles

Private • 09 - 12

1.88 mi

Distance

Creative Hands Learning Academy

Private • PK - 12

2.18 mi

Distance

Bishop Conaty?our Lady Of Loretto

Private • 09 - 12

2.84 mi

Distance

Los Angeles Christian Academy

Private • 01 - 12

3.53 mi

Distance

Olive Tree Christian Academy

Private • KG - 12

3.8 mi

Distance

Korean Education Center Online School

Private • KG - 12

3.82 mi

Distance

New Covenant Academy

Private • KG - 12

3.82 mi

Distance

A1 College Preparatory

Private • 06 - 12

3.95 mi

Distance

Slauson Learning Center, No. 1

Private • 09 - 12

4.61 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90007

Source: Walkscore

71/100

Very Walkable

Walk Score ®

61/100

Good Transit

Transit Score ®

85/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

11 nearby routes: 10 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 63/100, Bike Score: 65/100.

Points of Interest near 1250 W 37th Street, Los Angeles, CA 90007

Frequently Asked Questions for 1250 W 37th Street

Source: Realty.com

1250 W 37th Street, Los Angeles, CA 90007 is a , Residential Income property listed for $2,995,000 The property is 6734 sq. ft with 18 bedrooms and 9 bathrooms

Realty.com has 24 photos of 1250 W 37th Street.

Our records indicate that 1250 W 37th Street was built in 1964.

The full address for this home is 1250 W 37th Street, Los Angeles, CA 90007.

1250 W 37th Street has been listed on Realty.com since Fri November 14, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 63/100, Bike Score: 65/100.

There are 3 schools assigned to this home. Check out the schools near 1250 W 37th Street. Lenicia B. Weemes Elementary School (Grades: PK - 5), William Jefferson Clinton Middle School (Grades: 6 - 8), Usc Ednovate - Hybrid High School (Grades: 9 - 12)

Listing provided courtesy of: Keller Williams Hollywood Hills (tel: 310-623-1300)
Listing agent: Davis Saadian (tel: 310-402-8958) (#CLW-C114727)

This content last refreshed on 2025-12-08 07:00:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1250 W 37th Street, Los Angeles, CA 90007 : MLS# 25619343

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