Los Angeles, CA 90018,1598 W 36th Street

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$ 7,700,000
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1598 W 36th Street Los Angeles, CA 90018

45 Beds

47 Baths

6,800 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25089916

Bedrooms 45

HOA Y/N No

Lot Size 6,800 Sqft

Property Sub-Type Res Income 2-4 Units

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: Projected Cap Rate: 7.8% Projected Gross Income Multiplier (GIM): 12.79 Turnkey New Construction Low maintenance and high efficiency Purpose-Built for Student Housing High occupancy potential year-round 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 LAs most consistent rental markets. Please call or text for more details!
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: Projected Cap Rate: 7.8% Projected Gross Income Multiplier (GIM): 12.79 Turnkey New Construction Low maintenance and high efficiency Purpose-Built for Student Housing High occupancy potential year-round 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 LAs most consistent rental markets. Please call or text for more details!

Location

State CA

County Los Angeles

Area Los Angeles (90018)

Zoning Builder

Building

Story 4

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $21

Acceptable Financing Cash, Conventional

Space Rent $602,100

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Zhu Liu • Invesloop Realty Inc
agent-avatar

+1(858) 215-3512

david@listedbydavid.com

2535 Camino Del Rio S #240, San Diego, CA, 92108, USA

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1598 W 36th Street