1598 W 36th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
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 CROC25089916
Bedrooms 45
HOA Y/N No
Year Built 2025
Lot Size 6,800 Sqft
Acres 0.16
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: • 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 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
Zoning LAR4
Interior
Fireplace No
Laundry Gas Dryer Hookup,Other
Exterior
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 5041016022