CA > Los Angeles
Los Angeles, CA 90018,1598 W 36th Street
Los Angeles, CA 90018,1598 W 36th Street
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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
Listed by Zhu Liu • Invesloop Realty Inc
$7,700,000
Est. payment /mo
12,978 SqFt
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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 CROC25089916

HOA Y/N No

Originating Board Datashare California Regional

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

Fireplace No

Laundry Gas Dryer Hookup, Other

Building

Water Public

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Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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