$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.
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.
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
Laundry Features
Gas Dryer Hookup
Exterior
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Biking
Parking Spots
2.00
Financial
Map
Community
- Address1598 W 36th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of Invesloop Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1598 W 36th Street
Los Angeles, CA
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