Back

1 of 24

2 of 24

3 of 24

4 of 24

5 of 24

6 of 24

7 of 24

8 of 24

9 of 24

10 of 24

11 of 24

12 of 24

13 of 24

14 of 24

15 of 24

16 of 24

17 of 24

18 of 24

19 of 24

20 of 24

21 of 24

22 of 24

23 of 24

24 of 24

1252 W 37th St
Los Angeles, CA 90007 South Central LA

$2,995,000 USD

Apartments For Sale • 6,734 SF

Property Details

Property Type Apartments
Total Building Size 6,734 SF
Lot Size 0.17 AC
Building Class C
Year Built 1964
Cap Rate 6.45 %
Zoning RD2, Los Angeles

66 Transit Score

72 Walk Score

                
                    Highlights
                
                                6.5% Cap Rate | 12x GRM
                            
                                1 block to the USC Campus & Village, Located in the highly desirable DPS Patrol Zone
                            
                                Fully leased through 2025–2026 academic year
                            
                                Approximately $400K in recent capital improvements
                            
                                9 Fully updated & remodeled Apartment units - 18 bedrooms
                            
                                Full roof replacement, Dual-pane energy-efficient window , Full sewer line replacement, Renovated bathrooms, kitchens, and bedrooms

Financial Summary (Actual)

Net Operating Income: $193,255 USD (2024)

Cap Rate:	6.45 %
Total Expenses:	$49,805 USD

Amenities

Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	11 min	-	5.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	6.0 mi
Transit/Subway	Drive	Walk	Distance
Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Expo Park/Usc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	13 min	0.7 mi
Expo/Western (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	21 min	-	10.5 mi
Bob Hope	27 min	-	15.2 mi
Long Beach (Daugherty Field)	29 min	-	20.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Covered
Included in Rent:	Yes

Davis Saadian 310-402-8958 Davis Saadian Group

1252 W 37th St Los Angeles, CA 90007 South Central LA