1258 37th Drive, Los Angeles

Los Angeles Home For Sale

Newly constructed 13-bed student housing investment opportunity located two blocks west of the University ofSouthern California, within the USC Department of Public Safety 24 Hour Patrol Zone.Designed and developed by Tripalink, a leading student housing operator with a proven track record of deliveringbest-in-class off-campus housing and providing tenants with an unparalleled housing experience through their techdrivenand data-oriented operation and development model.The property features a three-story duplex in the front and a free-standing ADU in the rear. The duplex wasbuilt in 2022, and the ADU was completed in 2024. The duplex consistslex consists of a two-bedroom twobathroomtownhouse unit with four single beds in the front and a two-bedroom two-bathroom townhouse unitwith six single beds in the rear. The ADU is a three bedroom, three bathroom leased as three single beds.Half-mile walk to the main University Park Campus of USC and less than a mile from USC Village.Down the street from the Expo/Vermont metro rail station, allowing residents an easy commute to Downtown LosAngeles, Mid-City, and the Westside outside of their daily commute to campus.Designed with a co-living philosophy and meticulously constructed with operational efficiency and a superior tenantexperience in mind.All bedrooms were designed as co-living private suites and feature a private bathroom in addition to being securedby Smart Locks and Virtual Key Cards, powered by Tripalink's propriety mobile app and tenant portal.All bedrooms and common areas are delivered furnished to residents upon move-in and feature in-unit laundry andexpansive kitchens; in addition to tenant-centric amenities such as bi-weekly cleaning of the common areas, WiFicoverage, covered utilities, 24/7 maintenance and community events.Prime opportunity to acquire a newly built, recession-proof passive investment with no deferred maintenance andstrong in-place income.

Property Details

1258 37th DriveSquare Ft: 4,161Lot Size: 0.10Bedrooms: 7Bathrooms: 7Price: $3,100,000Zip: 90007
MLS® #: 24379147Levels: Multi/SplitSchool District: Days on Market: 137Listed By: Neema Ahadian, Marcus & Millichap

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
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Additional Information

  • City:
    Los Angeles
  • County:
    Los Angeles
  • Zip:
    90007
  • MLS® #:
    24379147
  • Bedrooms:
    7
  • Bathrooms:
    7
  • Square Ft:
    4,161
  • Lot Size:
    0.10
  • Levels:
    Multi/Split
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of August 9th, 2024 at 6:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.