Home | Los Angeles County | Los Angeles | 90007 | 1230 W 37th
MLS: CRPW26224458 | Status: | Price: $2,950,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,521 | 1908 |
Unique Opportunity - 7 of 8 Units Vacant and Fully Renovated, One Block from USC, Majority 2 Bedroom Units. 1230 W. 37th Drive presents a unique investment opportunity in the USC Area with 7 of 8 units delivered vacant and rent-ready and offered at a low price per square foot and price per unit. In contrast to many similar offerings in the area, this asset is comprised of mainly 2 bedroom units, making it simpler to manage than the competition. This 8-unit, 19-bedroom property is located a short 5-minute walk to USC, the Metro Expo Light Rail Line and Exposition Park, home of the brand-new Lucas Museum of Narrative Art The property sits on a 7,519 SF pass-through lot running from 37th Drive to Exposition Blvd, with three buildings totaling approx. 5,179 SF. Six units have been fully renovated and two are brand-new 2026 construction. The vacancy presents the opportunity for a buyer to have full control to lease at market rates to non-students or rent the units at a student premium for the upcoming academic year. One unit is currently rented at market rate. Front building (1908): four 2 bed/1 bath units, all vacant. Middle building (new 2026, Certificate of Occupancy issued, 100% electric): a lower 4 bed/4 bath and an upper 2 bed/2 bath, both vacant. Rear building (1908):
| Field | Value |
|---|---|
| MLS # | CRPW26224458 |
| MLS Source | California Regional MLS |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Daniel Lewin
Younglewin Advisors, Inc.
License #: 01932742
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 1 | – |
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This listing information is up-to-date as of October 20, 2026. For the most current information, please contact Daniel Lewin.