Login

1597 W 37th Street, Los Angeles, CA 90018

Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1597 W 37th Street,Los Angeles, CA 90018
$3,350,000
  • 27 Beds
  • - Baths
  • 7,693 sq. ft.
  • Multi-family
  • Active
Listed by: adam shamooelian
Office: keller williams beverly hills
MLS#:CL25622453
Source:CA_BRIDGEMLS

Price summary

  • Price:$3,350,000
  • Price per sq. ft.:$435.46

About this home

Massive $300,000 price reduction! Motivated seller, bring all offers! We are pleased to present a rare investment opportunity: a brand-new ground-up construction property completed in 2024, located just west of USC at 1597 W. 37th Street. This thoughtfully designed asset features 27 bedrooms and 27 bathrooms, each with a private en-suite, offering versatility for multiple housing strategies including student rentals, affordable housing, co-living, or transitional housing. Offered at $3,350,000 ($124,074 per bedroom), the property delivers a projected cap rate of 7.70%, providing both immediate cash flow and long-term upside. Priced well below today's replacement cost, a basis that would be nearly impossible to replicate with current construction costs. This opportunity is further enhanced by favorable seller financing: 50% down with a 3% interest-only loan for 3 years! Designed with tenant comfort and operational efficiency in mind, the building includes spacious open-concept

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1912
  • Listing ID #:CL25622453
  • Added:56 day(s) ago
  • Updated:January 18, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:27
  • Living area:7,693 sq. ft.

Structure and exterior

  • Year built:1912
  • Building area:7,693 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$3,350,000
  • Price per sq. ft.:$435.46

New listings near 1597 W 37th Street