Back to Search
1598 W 36th St
For Sale $7,700,000
$7,700,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,800 Sq Ft
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! Seller will be doing a 1031 exchange.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,700,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 2 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5041016022 |
| MLS # | OC25089916 |
| Property ID | 293051359 |
| Lot Sqft | 6,800 |
| Zoning | LAR4 |
| Total Units | 2 |
| Days on Market | 26 |
| Original List Price | $7,700,000 |
| Date Updated | May 10, 2025 |
| Date Created | April 23, 2025 |
Listing Provided By
Zhu Liu an agent of . Lic #02116709
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 10, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT