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Los Angeles, CA

$1,165,000

1305 W 37th Place, Los Angeles, CA
7
Beds
4
Baths
2,134
Sq Ft
1951
Built
21
Days listed

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.

Facts & features

Interior
Bedrooms
7
Bathrooms
0 full, 0 half
Living area
2,134 sq ft
Interior features
Ceiling Fans
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heating
Central
Cooling
Central Air
Levels
One
Exterior & lot
Lot size
0.144 acres (6,283 sq ft)
Year built
1951
Parking
Covered, Door Multi, Driveway, Garage, Side By Side, Tandem, Uncovered
Parking spaces
4
Community
Area
C 34 - Los Angeles Southwest
County
Los Angeles
Listing details
Status
Active
Property type
Residential Income
Days on market
21
Listed
2026-06-15
Parcel #
5040010016
MLS #
26833215
Listed by
MiJeong Kim · Mi Jeong Kim

Location

Price history

Listed
$1,165,000 · 2026-06-15
Days on market
21
Current price
$1,165,000
Financing

Could this home be yours?

Estimated monthly payment
$7,308
$5,891 principal & interest · $1,417 taxes & insurance
$233,000
Estimate only
Loan $932,000

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Estimated value range nearby
$1,705,787$2,002,445

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Mi Jeong Kim. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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