Prime USC-Area Investment Opportunity

37th Street Modern
Co-Living Residences

Master Lease Available

View Details

Property Addresses

  • Building 1 1584 W. 37th Street
    Los Angeles, CA 90018
  • Building 2 1586 W. 37th Street
    Los Angeles, CA 90018
  • ADU Studio 1584 ½ W. 37th Street
    Los Angeles, CA 90018

Project Overview

A brand-new, turn-key co-living development consisting of two identical 3-story buildings (≈6,000 sqft each) plus one 352 sqft ADU studio.

29 Total Units
28 Private En-Suites
1 ADU Studio
2 Buildings

Per-Building Layout (Identical Design):

  • Floor 1: 2 private bedrooms + gourmet common kitchen + living room + laundry
  • Floors 2 & 3: 6 private bedrooms each + common laundry area

Construction: Modern stucco exteriors, light wood-look flooring, white shaker cabinetry, recessed lighting, plantation shutters, and energy-efficient mini-split A/C in every private room.

This property is purpose-built for high-occupancy student and young-professional housing just minutes from USC, Exposition Park, and the Expo Line. Perfect for a management company seeking a master lease contract with strong, predictable cash flow.

Key Amenities & Features

Private Bedroom Suites (28 total)

  • Spacious ≈18 ft × 13 ft rooms
  • Private en-suite master bathroom (marble-look tile, walk-in shower with niche, modern vanity)
  • Large closet with custom built-in shelving
  • Individual mini-split A/C for personal comfort
  • Abundant natural light and modern finishes
Bedroom with teal accents
Bedroom with gray headboard
Modern en-suite bathroom
Walk-in shower with niche

Gourmet Shared Kitchens (one per building)

  • 3 refrigerators, 3 sinks, 3 dishwashers
  • 2 ranges, 2 microwaves
  • Large counters
  • White shaker cabinets, quartz counters, stainless appliances
Wide view of gourmet kitchen
Three sinks and dishwashers
Dining area and refrigerators

Common Living Rooms & Lounges

Spacious, comfortable seating areas for TV, coffee tables, and stylish décor. Open flow to kitchens and staircases promotes a sense of community.

Living room seating area

Laundry Convenience

Laundry available on every floor: 1 set on Floor 1, and 2 washers + 2 dryers on Floors 2 & 3. Situated in dedicated, well-lit alcoves.

Staircase and laundry alcove

ADU Studio

1584 ½ W. 37th Street

  • • 352 sqft fully independent unit
  • • Large bedroom, oversized closet, full bathroom
  • • Private full kitchen + in-unit washer/dryer
Ideal for a live-on-site manager, VIP tenant, or additional revenue.

Outdoor Amenities

  • Private backyard.
  • Gated secure access.

Location & Market Advantage

Prime Proximity

Walking distance to USC campus (≈0.8–1 mile). Minutes to Exposition Park, museums, and Metro Expo Line.

High Demand

A highly sought-after area for USC students and young professionals seeking modern, private-room co-living.

Proven Market

Strong rental comps and historically high occupancy in the Adams-Normandie / Exposition Park corridor.

Management
Opportunity

We are seeking a professional property management company for a full master lease contract.

The Framework

You lease the entire project (all 29 units) at an attractive bulk rate, providing you with significant margin potential while managing the property entirely.

Your Operations

  • • Room-by-room subleasing to individual tenants
  • • Day-to-day operations and maintenance
  • • Marketing, leasing, and tenant management
  • • Rent collections and compliance