1340 37th

Los Angeles, CA, 90007
For Sale $3,900,000
  • 20beds
  • 7,867sqft
  • 0.16acre
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

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Benjamin Lee with Marcus & Millichap
(310) 909-5450
1340 37th is a Residential Income property located in Los Angeles, California, featuring a 0.157 acre lot, 7,867 sqft, 20 bedrooms, MLS #25563791.

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Data last modified: 2025-07-12 05:33:35