Fully entitled affordable housing site in prime North Hollywood, minutes from Studio City. RTI for 89 income-restricted units with efficient Type IIIA design and Tier 7 Section 8 eligibility. July 2025 rent increases materially boost underwriting, with additional upside via vouchers. Walkable to Metro Red Line and major amenities.

1340 W 37th St is a fully leased, 20-bed student housing property located within USC’s 24-hour Department of Public Safety patrol zone. Built in 2020 by Moo Housing, the asset features oversized 4- and 6-bedroom layouts that consistently lease first in the market. At the list price of $3,900,000, the deal offers a 6.64% cap rate with strong in-place income, no deferred maintenance, and immediate cash flow in one of LA’s most stable rental submarkets.