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$ 7,700,000
Est. payment /mo
Active
1598 W 36th Street Los Angeles, CA 90018
6,800 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25089916
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.
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
Listing Terms Cash, Conventional
Listed by Zhu Liu • Invesloop Realty Inc