1444 W 37th Street, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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Los Angeles, California 90018
This Brand-New 2024 Income Asset is listed at $4,500,000, representing a premium turnkey opportunity near USC. With a Fair Market Value of $4,275,462, the valuation reflects the massive 9,056 sqft footprint and an Excellent Condition Rating with zero deferred maintenance. Strategically located for student and corporate housing, the property benefits from proximity to Foshay Learning Center and Downtown LA. Currently professionally managed, it offers stable cash flow and high-demand appeal. This is an elite acquisition for Buy-and-Hold Investors or Institutional Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1444 W 37th Street Subject | $4,500,000* List Price | 0 | 0 | 9,056 | $472 | - |
A 3653 Halldale Ave Sold | $4,450,000 | 0 | 0 | 9,700 | $459 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new 2024 construction, meeting the highest standards of quality. As a new build, all components including the kitchen, bathrooms, appliances, flooring, and major systems (HVAC, electrical) are in pristine condition with no physical depreciation or deferred maintenance. The modern finishes and turnkey status align perfectly with the 'excellent' criteria.
Built in 2024, this massive 9,056 sqft property offers modern infrastructure and minimal maintenance requirements, ensuring long-term durability and contemporary appeal.
Located minutes from USC and Downtown Los Angeles, the property is perfectly positioned to capture high-demand markets including student housing, corporate rentals, and healthcare professionals.
The property is currently under professional management, providing a seamless transition for buyers seeking immediate, stable cash flow without the operational challenges of self-management.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9056, other record living area = 2787.
At a $4.5 million price point, the property represents a significant initial investment that may result in a lower entry-level cap rate compared to older value-add opportunities in the area.
The surrounding public schools have relatively low performance ratings, which could limit the property's long-term appeal to traditional family tenants, narrowing the demographic to students and transient professionals.
This is a prime investment opportunity located just minutes from USC in a high-demand rental market. The property offers strong rental income potential and is ideal for student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing or long-term rental use, with consistent tenant demand and excellent long-term appreciation prospects. Conveniently situated near Downtown Los Angeles, Exposition Park, public transportation, and major freeways. This property is well positioned for investors seeking stable cash flow and future upside. Currently this property is managed by a professional company. No headache, just cash flow for new buyer. Please contact listing agent for more details!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 9,056 | 2,536 | 88% |
| Lot Size | 6,841 | 6,363 | 63% |
| Price | $4.50M | $980.5K | 94% |
| Price per sq ft | $497 | $425 | 75% |
| Built year | 2024 | 1924 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 220 | 25% |
Jan 19, 2026
$4,500,000
Initial Listing
Jan 24, 2022
$1,050,000
Public Record