LOCALLA

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For Sale

$3,998,888

beds · 28 baths · 8,036 sqft

1625 37th Pl Los Angeles CA 90018

Residential Income

N/A

N/A

$498/sqft

No HOA

N/A

What's Special

Hardwood FloorsSolar panelsDishwasher

Presenting an exceptional opportunity to acquire a brand-new, purpose-built apartment building located at 1625 W 37th Pl, Los Angeles, CA. Thoughtfully designed for long-term durability and high tenant demand, this modern property offers 28 bedrooms with private en-suite bathrooms across three expansive units, each crafted with designer finishes and high-quality construction standards.Situated just minutes from USC and steps from the Metro Expo Line (in addition to other public transportation options), the building is ideally positioned to attract students, young professionals, and the growing co-living market. Each unit features a spacious community living room, generous kitchen, and substantial storage, providing an elevated living experience tailored to shared housing needs.With no rent control restrictions due to its new-construction status, investors benefit from full operational flexibility and the ability to maximize income from day one. At the asking price, the asset delivers strong cash flow with a cap rate exceeding 7.5%, making it a high-yield opportunity priced below current market alternatives. The Certificate of Occupancy was issued and dated February 2026.This is a rare chance to secure a high-performing, well-located, and newly built asset in one of Los Angeles' most resilient rental corridors.

Days On Market: 129

Listing updated: August 10, 2026 at 05:06 PM

Listed by: Enrique Viramontes DRE #01372010, Remax Commercial and Investment Realty

eviramontes@remaxcir.com

Source: CLAW    MLS#: 26673035

Features & Facts

Interior

  • Bathrooms: 28
  • Square Feet: 8036
  • Flooring: Hardwood

Tour with Localla

LOCALLA was built by Tony O'Brien, a REALTOR with The Sher Group, to give buyers a direct and transparent way to search and tour homes. No selling your data. No partner agents. Just Tony.

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 9/22/2026, 8:03:21 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity