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$1,165,000

1305 W 37th Place

Los Angeles, CA 90007

Active

Beds

Baths

2,134

Sq. Ft.

1951

Year Built

Los Angeles

County

ResidentialIncome

Property Type

About this home

Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.

Listed by MiJeong Kim · DRE #01887660 · Mi Jeong Kim

MLS #1174690308

ListedJun 15, 2026

Property Details

Architecture

Stories1

StyleN/A

Total Units2

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesCeiling Fans

Exterior FeaturesN/A

FlooringN/A

CoolingCentral Air

HeatingCentral

FireplaceN/A

LaundryN/A

Parking FeaturesCovered, Door Multi, Driveway, Garage, Side By Side, Tandem, Uncovered

Parking Total4

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.14 ac

Lot FeaturesN/A

ViewN/A

DirectionsOn the northwest corner of 37th Pl and Raymond Ave.

Community

AreaC34 - Los Angeles Southwest

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$6,201/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:00 PM

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