1598 W 36th Street

Los Angeles, CA 90018

  • 45 Bed(s)
  • 47 Bath(s)
  • 12,978 Sqft
  • 6800
    Sqft(Lot)
$7,700,000

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49485266

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 2025
    • Building Area Total: 12,978

    Pool Features

    • None

    Laundry Features

    • Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1561
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6800

  • Listing Price Information

    • Original List Price: 7,700,000
    • Listing Contract Date: 2025-04-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5041016022

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C34 - Los Angeles Southwest
    • Postal Code Plus 4: 3945
    • Directions: Walking distance to USC campus. Exit from Normandie Ave from I-10 then turn onto W 36th Street.
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: C34 - Los Angeles Southwest
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 0
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Builder
    • Entry Level: 1
    • Entry Location: front door
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/26/2025 @ 12:22

  • MLS: OC25089916
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 45 bedrooms which is for sale, it has 12,978 sqft, 6,800 sized lot, and 2 parking. are nearby neighborhoods.