There are multiple listings for this address:
$3,900,000
1340 W 37th Street
Los Angeles, CA, 90007
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.
Property Details
Price:
$3,900,000
MLS #:
25563433
Status:
Active
Baths:
0
Address:
1340 W 37th Street
Type:
Commercial
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jul 10, 2025
State:
CA
ZIP:
90007
Year Built:
2020
Schools
Interior
Exterior
Parking Spots
2.00
Security Features
Automatic Gate, Fire and Smoke Detection System, Card/ Code Access
Financial
Mortgage Calculator
Map
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Houzerz Real Estate and Loans include the name of the listing broker. Neither the listing company nor Houzerz Real Estate and Loans shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1340 W 37th Street
Los Angeles, CA
$3,900,000
1340 W 37th Street
Los Angeles, CA, 90007
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.
Property Details
Price:
$3,900,000
MLS #:
25563791
Status:
Active
Baths:
0
Address:
1340 W 37th Street
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jul 10, 2025
State:
CA
ZIP:
90007
Lot Size:
6,820 sqft / 0.16 acres (approx)
Year Built:
2020
Schools
Interior
Exterior
Parking Spots
2.00
Security Features
Automatic Gate, Fire and Smoke Detection System, Card/ Code Access
Financial
Mortgage Calculator
Map
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