1340 W 37th Street, Los Angeles, CA 90007

  • $3,900,000
1340 W 37th Street, Los Angeles, CA 90007
Active
1340 W 37th Street, Los Angeles, CA 90007
1340 W 37th Street, Los Angeles, CA 90007
  • $3,900,000

Description

We are pleased to present The Commons @ 37th, a fully leased 20-bed student housing property located just west of USC within the 24-hour DPS patrol zone. Built in 2020 by a top student housing operator, the property features oversized bedrooms, in-unit laundry, large kitchens, and modern amenities including bi-weekly cleaning, WiFi, and covered utilities. Fully leased through the 2025/2026 academic year, the asset offers a 6.64% CAP rate and 10.05 GIM at the asking price. Its location offers walkable access to USC, USC Village, and the Expo/Vermont Metro Station. With no deferred maintenance and strong in-place income, this is a rare opportunity to acquire a passive, recession-resistant asset in one of LA’s most stable submarkets. The property also qualifies for 100% bonus depreciation, offering investors a compelling combination of yield, tax shelter, and long-term upside

  • Address 1340 W 37th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Country US

Details

Updated on July 18, 2025 at 12:24 pm
  • Property ID: 25563791
  • Price: $3,900,000
  • Property Size: 7867
  • Land Area: 0.1566 Acres
  • Bedrooms: 20
  • Bathrooms: 20
  • Garage Size: x x
  • Year Built: 2020
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman