1236 W 37th, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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1236 W 37th
Los Angeles, California 90007
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,500Sq Ft
6,603Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,358,131
SUMMARY
This 2021-constructed Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $1,350,000—positioned well below the $1,358,131 Fair Market Value by 0.6%. Featuring a Mint Condition Rating, this 3-unit property generates a robust $16,000 monthly income. Its strategic proximity to USC ensures consistent demand for student-oriented housing. This turnkey asset minimizes maintenance while maximizing yield, making it an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable, high-performing cash flow in a prime Los Angeles location.
Estimated Market Value
$1,358,131
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 W 37th Subject 0 bd · 0 ba · 3,500 sqft · $388 | $1,350,000* List Price | 0 | 0 | 3,500 | $388 | - |
A 1503 1/2 W Adams Active 0 bd · 0 ba · 3,088 sqft · $364 · 0.9 mi | $1,125,000 List Price | 0 | 0 | 3,088 | $364 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property was constructed in 2021, making it less than 10 years old. As a modern co-living development, it features contemporary architecture, updated systems (HVAC/Electric), and is in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Cash Flow
The property generates a robust $16,000 monthly rental income, offering an impressive gross yield that is highly competitive for the Los Angeles investment market.
- Prime Student Housing Location
Strategically located near USC and Exposition Park, the asset benefits from a consistent and high-demand tenant base, ensuring long-term occupancy stability.
- Modern 2021 Construction
Built in 2021, this contemporary 3-unit building features a 4-bed/4-bath configuration per unit, minimizing immediate maintenance costs and appealing to modern co-living preferences.
CONSRISKS & DEFICIENCIES
- High Management Intensity
The co-living model, featuring 12 individual bedrooms and bathrooms, requires more intensive property management and tenant turnover coordination than traditional residential rentals.
- Portfolio Complexity
As part of a larger 6-building portfolio, the acquisition may involve more complex negotiations or financing requirements compared to a standalone property purchase.
About 1236 W 37th
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 2021
- Lot Size
- 6,603 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,500 | 2,090.331 |
| Lot Size | 6,603 | 5,852.908 |
| Price | $1.35M | $830.9K |
| Price per sq ft | $386 | $394 |
| Built year | 2021 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 87 |
Pricing History
Listed for Sale
Oct 29, 2026
$1,350,000
Initial Listing
Sold
Feb 28, 2019
$1,090,000
Public Record