1598 W 36th Street new 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
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: • 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!
Location
State CA
County Los Angeles
Interior
Laundry Gas Dryer Hookup,Other
Building
Water Public