5 Bedroom USC Student Housing a block away from USC and within USC Patrol Zone. Consistent and High Demand for Student Housing, nearby many New Student Housing Constructions, Higher Density RD2 Zoning.
INVESTMENT HIGHLIGHTS
- Prime Location for USC Student Housing, A block away from USC Campus
- Within USC Patrol Zone, Walk to USC
- A block away from LA Coliseum complex
- Walk to a plethora of Amenities: LA Coliseum, Natural History Museum, California Science Center, Metro Line Station (Expo/Vermont), Dining, Shopping, etc.
- Guaranteed demand for Student Housing rentals in the foreseeable future
- MANY nearby New Constructions for student housing rentals will push the rental rates in the area thus increasing the value of subject property
- Easy to Rent and Easy to Manage
- Superb access to FWY 110 and FWY 10
Property Overview
Growth Investment Group California is proud to present a 5-bedroom USC Student Housing located at 1234 W 37th Dr, Los Angeles, CA 90007. Located just one block from the University of Southern California (USC) and within USC Patrol Zone, this rare asset is a 5 bedroom + 4.5-bathroom single-family residence (SFR) that has served as reliable student housing for decades. With its superior student housing location, this investment offers a safe and stable student housing investment with guaranteed demand from USC students/alumni.
The property is a single-family house that features 1,450 sq ft of living space on a 3,879 sq ft lot (zoned RD2). Built in 1909 and recently renovated, this property features modern amenities including hardwood floors throughout, A/C units and ceiling fans in every bedroom, an in-unit washer/dryer and gated parking for up to 4-5 vehicles – ideal for student tenants seeking convenience and comfort. The owner just completed additions of 2 bathrooms to the property and the house is currently listed for rent at $6,300 per month.
Each bedroom has a thorough-the-wall A/C, ceiling fans, and wall heating. 2 bedrooms have a jack-and-jill bathroom, and 2 bedrooms have en-suite bathroom (shower stall). The kitchen has been updated with granite countertop, has 2 refrigerators, a gas stove, and a microwave.
This property is situated within the USC Patrol Zone, providing enhanced safety and security - a MAJOR selling point to both students and parents. The proximity to the campus, local dining, public transportation, and entertainment options make it highly desirable for student tenants. This area historically maintains high occupancy rates and rental demand, even during market fluctuations.
At a 4.95% CAP rate, this property delivers stable cash flow and predictable returns. As an established student housing asset this SFR benefits from decades of operational history, ensuring low vacancy rates and steady cash flow in a neighborhood undergoing transformation with modern developments. Given the strong demand and limited nearby supply of multi-bedroom rentals, there is potential for rental growth and increased property appreciation over time, enhancing total return on investment. This asset is poised for success in one of Los Angeles' most dynamic submarkets. For discerning investors, 1234 W 37th Dr offers a compelling blend of location, history, and growth potential—secure your stake in USC's thriving student housing landscape today.
USC boasts a total enrollment exceeding 49,000 students, with undergraduate numbers at approximately 21,000, driving persistent demand for off-campus housing. Only about 15% of students live on-campus, primarily freshmen, leaving the majority to seek quality accommodations nearby – resulting in a booming rental market with rents rising over 18% near campus in recent years.