1329 W 37th, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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1329 W 37th
Los Angeles, California 90007
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
5,917Sq Ft
7,003Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,462,740
7% BelowMARKET VALUE
SUMMARY
This 2020-built triplex represents a Strong Value Opportunity, listed at a List Price of $1,350,000—positioned well below the $1,462,740 Fair Market Value by 7%. This valuation gap provides $112,740 in Instant Equity. Featuring a Mint Condition Rating, this modern asset offers 100% occupancy and consistent cash flow near USC. Its bedroom-based configuration is optimized for student housing, minimizing capital expenditure needs. This is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable, high-yield residential income.
Estimated Market Value
$1,462,740+$112,740 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1329 W 37th Subject 0 bd · 0 ba · 5,917 sqft · $247 | $1,350,000* List Price | 0 | 0 | 5,917 | $247 | - |
A 2955 Van Buren Place Active 0 bd · 0 ba · 4,436 sqft · $270 · 0.6 mi | $1,198,000 List Price | 0 | 0 | 4,436 | $270 | 0.6 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.
2020 new construction property (under 10 years old) in mint condition. Features modern systems, contemporary exterior finishes, and requires no maintenance as a recent build.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Student Housing Location
Situated within walking distance to USC and USC Village, the property benefits from a perpetual demand pool of students and faculty in a high-density rental market.
- Exceptional Income Generation
With a 100% occupancy rate and over $15,000 in monthly gross income, the property delivers an impressive rental yield relative to its $1.35M list price.
- Modern 2020 Construction
Built in 2020, this triplex offers modern infrastructure and energy efficiencies, minimizing the need for near-term capital improvements or major repairs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7003, other record lot size in square feet = 6607. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5917, other record living area = 2550.
- High Management Intensity
The co-living and bedroom-based rental configuration often entails higher administrative oversight, frequent turnover, and increased wear and tear.
- Portfolio Integration
As part of a larger 6-building investment portfolio, individual buyers may face complexities regarding the sale terms or competition from institutional portfolio investors.
About 1329 W 37th
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2020
- Lot Size
- 7,003 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 | 5,917 | 2,090.331 |
| Lot Size | 7,003 | 5,852.908 |
| Price | $1.35M | $830.9K |
| Price per sq ft | $228 | $394 |
| Built year | 2020 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 87 |
Pricing History
Listed for Sale
Oct 29, 2026
$1,350,000
Initial Listing
Sold
May 16, 2012
$325,000
Public Record
Sold
Dec 29, 2005
$695,000
Public Record
Sold
Apr 23, 2004
$430,000
Public Record