1625 W 37th Place, Los Angeles, CA 90018

Multi-Family · For sale · $3,998,888 · MLS# 26673035

Multi-Family for sale in Southern California — $3,998,888. 0 beds · 28 baths · 8,036 sqft. 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 mo…

1625 W 37th Place
For sale

$3,998,888

1625 W 37th Place, Los Angeles, CA 90018

28baths
8,036sqft
Multi-FamilyProperty type
6,000 sqft lotLot size
8,036 sqftLiving area
$498/sqftPrice / sqft
HOA

Facts & features

Interior

Bedrooms & bathrooms

  • Bathrooms: 28

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Dishwasher

Interior area

  • Living area: 8,036 sqft

Property

Lot

  • Lot size: 6,000 sqft

Construction

Type & style

  • Home type: Multi-Family

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 103 days
  • Price / sqft: $498
  • Status: Active
  • MLS#: 26673035

Location

  • City: Los Angeles
  • ZIP: 90018

About this home

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.

Listing updated: June 13, 2026 at 9:33 AM

Listed by: Enrique Viramontes, Remax Commercial and Investment Realty

Source: CRMLS, MLS#: 26673035, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bathrooms: 28

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Dishwasher

Interior area

  • Living area: 8,036 sqft

Property

Lot

  • Lot size: 6,000 sqft

Construction

Type & style

  • Home type: Multi-Family

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 103 days
  • Price / sqft: $498
  • Status: Active
  • MLS#: 26673035

Location

  • City: Los Angeles
  • ZIP: 90018

Price history

DateEventPrice
4/07/2026Source: CRMLS, #26673035Price change$3,998,888$498/sqft0.0%
4/03/2026Source: CRMLS, #26673035Listed for sale$3,999,000$498/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-13 09:33:43 PDT and /or other sources. 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