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
$612,000 yearly rental income. Brand New Construction Incredible Investment Opportunity Near USC – 45 Rooms, 47 Baths – Now selling with 5 years leasing contract with the government agency.
Investment Highlights:
• Cap Rate: 8%
• Gross Income Multiplier (GIM): 12.58
• No need to manage, the government agency will manage the property.
• 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. 1031 exchange is welcomed! Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals.
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 | 238 |
| Original List Price | $7,700,000 |
| Date Updated | August 06, 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 August 06, 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.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT