$7,700,000
Est. payment /mo
45 Beds
47 Baths
6,800 Sqft Lot
New
1598 W 36th Street Los Angeles, CA 90018
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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!
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!
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!
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
Listed by Zhu Liu • Invesloop Realty Inc