About this home

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 3-unit 2021-constructed residential investment property located in the highly desirable USC/Exposition Park area at 1236-1238 W. 37th Place, Los Angeles, CA 90007. This property consists of 3-units and each unit contains 4 bedrooms and 4 bathrooms making is conducive for co-living rentals. This asset is currently fully leased and is generating $16,000 per month. Strategically situated near the University of Southern California (USC), Exposition Park, public transportation, shopping, dining, and major employment centers, the property is well-positioned to benefit from continued demand for student-oriented and flexible residential housing. Its proximity to USC provides an attractive opportunity for investors seeking rental income from the university-area housing market. This property is part of a 6-building Co-Living Apartment Portfolio collectively offered at $9,900,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

Facts and features

Schools

• Lenicia B. Weemes Elementary School

  elementary · K-5 · 0.1 mi

  4

• Foshay Learning Center

  elementary · K-12 · 0.6 mi

  6

• Dorothy Brown School

  middle · 6-12 · 0.4 mi

• Manual Arts Senior High School

  high · 9-12 · 0.8 mi

  3

• STEM Preparatory Elementary

  elementary · K-5 · 0.4 mi

  5

• USC Hybrid High College Prep

  high · 9-12 · 0.5 mi

  9

Price history

• Oct 30, 2026 · Listed$1,350,000
• Feb 28, 2019 · Sold$1,090,000

Tax history

• 2025$23,373 tax · $1,941,646 assessed
• 2024$23,007 tax · $1,903,575 assessed
• 2023$14,345 tax · $1,168,698 assessed
• 2022$13,681 tax · $1,145,783 assessed
• 2021$13,513 tax · $1,123,317 assessed
• 2020$13,653 tax · $1,111,800 assessed
• 2019$2,794 tax · $211,565 assessed
• 2018$2,712 tax · $207,418 assessed

Where it is