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Listed by Zhu Liu • Invesloop Realty Inc
$ 7,700,000
Est. payment /mo
Active
1598 West 36th Street Los Angeles, CA 90018
12,978 SqFt
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!
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