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$3,100,000
Listing Price14beds
13baths
5,372sqft
6,999sqft lot
1207 W 37th Pl, Los Angeles, CA 90007
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
*This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, its just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.
Interior Details
5372
14
13
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6999
Yes
Yes
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Contemporary
N/A
N/A
N/A
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$13,936
$491,098
$665,233
--%
$1,156,331
2019
$13,936
$481,469
$652,190
--%
$1,133,659
2018
$13,802
$472,029
$639,402
--%
$1,111,431
2017
$8,169
$462,774
$200,226
--%
$663,000
2016
$7,976
$453,700
$196,300
--%
$650,000
2014
$1,728
$85,272
$36,538
--%
$121,810
2013
$1,722
$84,887
$36,373
--%
$121,260
2012
$1,703
$83,223
$35,660
--%
$118,883
Average Home Price in 90007
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles
