1598 W 36TH STREET, LOS ANGELES CA 90018
- 12,978 sq.ft.
- 6,800 sq.ft. lot
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 LA’s most consistent rental markets. Please call or text for more details! Seller will be doing a 1031 exchange.
Listing Courtesy of Zhu Liu, Invesloop Realty Inc
Exterior Features
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