1598 West 36th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 12,978 sqft
Price per Sqft $593
MLS Listing ID OC-25089916
Year Built 2025
Lot Size 6,800 Sqft
Property Sub-Type Duplex
Property 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: o Cap Rate: 8% o Gross Income Multiplier (GIM): 12.58 o No need to manage, the government agency will manage the property. o 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Zoning LAR4
Interior
Laundry Gas Dryer Hookup
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Biking
Building
Lot Description Lot 6500-9999
Sewer Public Sewer