CA > Los Angeles
Los Angeles, CA 90018,1598 West 36th Street
Los Angeles, CA 90018,1598 West 36th Street
Los Angeles, CA 90018,1598 West 36th Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Zhu Liu • Invesloop Realty Inc
$7,700,000
Est. payment /mo
12,978 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 12,978 sqft

Price per Sqft $593

MLS Listing ID OC-25089916

Year Built 2025

Lot Size 6,800 Sqft

Property Sub-Type Duplex

Property Description

Brand New Student Housing Investment Near USC - 45 Rooms, 47 Baths - Prime Income Property Presenting a new construction student housing asset just minutes from the University of Southern California. This high-yield opportunity features 45 bedrooms and 47 bathrooms. The property is currently pre-leasing to the public. Drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. Investment Highlights: o Projected Cap Rate: 7.8% o Projected Gross Income Multiplier (GIM): 12.79 o Turnkey New Construction - Low maintenance and high efficiency o Purpose-Built for Student Housing - High occupancy potential year-round o Prime location near USC, Exposition Park, and public transit This is a premier opportunity for investors seeking strong cash flow and long-term appreciation in one of LA's most consistent rental markets. Please call or text for more details! Seller will be doing a 1031 exchange.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Sw

Zoning LAR4

Interior

Laundry Gas Dryer Hookup

Exterior

Parking Features Gated

Garage Spaces 2.0

Pool None

Community Features Biking

Building

Lot Description Lot 6500-9999

Sewer Public Sewer

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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