1444 W 37th St Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated payment $31,493/month
Highlights
- No HOA
- Fireplace
- Central Heating and Cooling System
- Neighborhood Views
- Laundry Room
- Bike Trail
About This Home
Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant. Seller will be doing a 1031 exchange.
Listing Agent
Invesloop Realty Inc Brokerage Phone: 626-233-3077 License #02116709 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,482
Year Built
- Built in 2024
Lot Details
- 6,841 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 9,056 Sq Ft Home
- 3-Story Property
- Fireplace
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 32 Bedrooms
- All Upper Level Bedrooms
- 34 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 222500
- Assessor Parcel Number 5041028010
Community Details
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $6,000
- Insurance Expense $10,000
- Professional Management Expense $33,840
- Trash Expense $150
- Water Sewer Expense $2,000
- Operating Expense $51,840
- Gross Income $518,400
- Net Operating Income $466,560
Additional Features
- No Home Owners Association
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,482 | $1,114,267 | $1,002,841 | $111,426 |
| 2024 | $13,482 | $1,092,420 | $983,178 | $109,242 |
| 2023 | $13,226 | $1,071,000 | $963,900 | $107,100 |
| 2022 | $5,330 | $424,895 | $297,435 | $127,460 |
| 2021 | $5,249 | $416,564 | $291,603 | $124,961 |
| 2019 | $5,097 | $404,209 | $282,954 | $121,255 |
| 2018 | $5,040 | $396,284 | $277,406 | $118,878 |
| 2016 | $4,798 | $380,898 | $266,635 | $114,263 |
| 2015 | $4,730 | $375,177 | $262,630 | $112,547 |
| 2014 | $4,755 | $367,829 | $257,486 | $110,343 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $5,700,000 | -- | $629 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $1,050,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,650,000 | New Conventional | |
| Closed | $1,835,000 | Construction | |
| Previous Owner | $247,500 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $166,000 | Fannie Mae Freddie Mac |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25088420
APN: 5041-028-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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