• Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Blog
Phone714-745-2708
Login or sign up for new accountLogin / Register
Email Our TeamEmail Us
  • Search Listings
    • Residential
    • Lease
    • Commercial
  • Previous Sales
  •   Local
    • Fullerton
    • Tustin
    • Yorba Linda
    • Santa Ana
    • Orange Park Acres
    • North Tustin
    • Orange
    • Anaheim
  •   Buyers
    • Ways To Take Title In California
    • Vesting
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  •     Sellers
    • Anaheim FAQ
    • New Sellers and Buyers Guide
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  •     Services
    • Onepoint
    • Home Financing
    • Insurance
    • Escrow
    • Title
    • Home Warranty
    • PRESALE/STAGING
    • Relocation
  •     About
    • Why Choose The Keaty Team
    • Leadership Team
    • About Us
    • Globally Respected
    • The Charitable Foundation
    • Diversity & Inclusion
    • Doyle
    • Agents Only
  • Our Team
  • Blog
Menu
Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
Any Price
-
  • 0
  • $100,000+
  • $250,000+
  • $500,000+
  • $750,000+
  • $1,000,000+
0+ Beds
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
0+ Baths
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Property Type
Other
1250 W 37th Street Los Angeles, CA 90007
$2,885,000 18 beds, 16 baths
6, 734 sqft
Save My Notes
 
The Keaty Team

View Team Members

Interested in This Property? Your message will be sent to Kevin.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.
  • Save
  • My Notes

Agent Remarks

We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants.The property is 100% occupied with USC students and fully leased for the 20252026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.75% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles' most sought-after rental markets. Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26671171
List price is $2,885,000
Beds: 18
Baths: 16
Built in 1964
6,734 sqft
2 stories
0.17 acres
Lot size: 0.1665
County: Los Angeles
Zoning: LARD2
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Gated,Private
Heating/cooling: Dual
Heating description: Combination
MLS area: C34 - Los Angeles Southwest

Last Updated: 9/28/2026

 Find more Los Angeles homes and real estate

 Find more homes in 90007 zip code

This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.020671, -118.296069.
Find nearby listings


Listing Agent: Davis Saadian
Lic#: 01276603
Office Name: Tustin

Area Map

CLICK TO VIEW MAP

Nearby Schools

No schools were found in the area

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

  • Search
    • My Previous Sales
    • Residential
    • Lease
    • Open Houses
    • Commercial
    • New Homes
    • Luxury
  • Buyers
    • Ways To Take Title In California
    • Vesting
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  • Sellers
    • Anaheim FAQ
    • New Sellers and Buyers Guide
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  • Services
    • Prosperity Home Mortgage
    • HomeServices Relocation
    • HomeServices Insurance Agency
    • Pickford Escrow
    • California Title Company
    • American Home Shield
    • PINNACLE
    • myNHD
  • About
    • Why Choose The Keaty Team
  • Blog
  • Our Team
The Keaty Team
Lic#: 01276603

View Team Members


Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
hsoa-logo
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Blog

© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Lic#: 01317331

Photo of Equal Housing Opportunity Privacy Policy - California Privacy Notice - Terms of Use - Accessibility
Do Not Sell My Personal Information DMCA.com Protection Status