1598 W 36th Street Active

Los Angeles,CA 90018

$ 7700000

45 Beds

47 Baths

- SqFt


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! Seller will be doing a 1031 exchange.
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! Seller will be doing a 1031 exchange.

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

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