Cindy Zheng Purchases Student Housing Asset At 1237 West 25th Street For $2,565,000

1237 West 25th Street is a newly built 19-bed student housing asset located just north of USC in the Los Angeles market. This property sold for $2,565,000 with a total square footage of 5,796, translating to a price per square foot of $443.

Summary of transation details:

• Property Type: Student Housing
• Transaction Amount: $2,565,000
• Square Footage: 5,796
• Price per Square Foot: $443
• Buyer: Cindy Zheng
• Seller: Peter Moji
• Broker: Ben Lee - The Ben Lee Group
• Date of Transaction: 08/12/2026

Ben Lee of The Ben Lee Group represented the seller, utilizing a proprietary marketing campaign that successfully engaged foreign and Asian high-net-worth capital, resulting in a first-time student housing buyer based overseas. The brokerage assisted the buyer throughout the business plan, financing, and appraisal process, showcasing their expertise in the USC corridor.