$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. Please call or text listing agent Alina at 626-233-3077 for more details! 1031 exchange is welcomed! Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals.
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. Please call or text listing agent Alina at 626-233-3077 for more details! 1031 exchange is welcomed! Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals.
Property Details
Price:
$7,700,000
MLS #:
OC25089916
Status:
Active
Baths:
0
Address:
1598 W 36th Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Apr 23, 2025
State:
CA
ZIP:
90018
Lot Size:
6,800 sqft / 0.16 acres (approx)
Year Built:
2025
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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
2.00
Lot Features
Lot 6500-9999
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
4
Water Source
Public
Financial
Map
Community
- Address1598 W 36th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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1598 W 36th Street
Los Angeles, CA
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