1571 & 1587 West 37th Street 1571 West 37th Street
Los Angeles, CA 90018
Sale Price
$8,799,000
Brochure
Map
Multifamily For Sale - Available July 2025
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Brice W. Head, MBA
Lic: CA DRE 01330706
Two beautiful, identical, new-construction, 3-story co-living buildings near USC, only doors apart from one another. 25 Beds/25 Baths in each building, with a large kitchen on each floor.
An exciting and unique Net Lease Opportunity (Master Lease) in a gentrifying location - Landlord ONLY pays for property taxes and insurance - Tenant/Lessee picks up ALL other expenses . These properties just received their Certificate of Occupancy and have been master leased for a 2 year + 2 year (option) term to an LA County non-profit, Special Services for Groups, Inc. 3.5% annual rent increases, too.
An exciting and unique Net Lease Opportunity (Master Lease) in a gentrifying location - Landlord ONLY pays for property taxes and insurance - Tenant/Lessee picks up ALL other expenses . These properties just received their Certificate of Occupancy and have been master leased for a 2 year + 2 year (option) term to an LA County non-profit, Special Services for Groups, Inc. 3.5% annual rent increases, too.
Sale Price
$8,799,000
Get in touch
Brice W. Head, MBA
Lic: CA DRE 01330706