#DW25056757, Chris Limon, Listing Office: Century 21 A Better Service
#OC25089916·
Listing office: Invesloop Realty Inc·
Listing agent: Zhu Liu·
Listing office phone: 626-233-3077
$7,700,000 List price
1598 W 36th St Los Angeles, CA 90018
0.2 acres
Multi-Family
Property details
About 1598 W 36th St
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!
Highlights
Home typeDuplex
StatusActive
Lot size0.1561 Acres
Year built2025
MLS #OC25089916
Garage2 spaces
Summary
- MLS Number: OC25089916
- MLS Name: CRMLS
- Office Name: Invesloop Realty Inc
- Office Phone: (626) 233-3077
- Listing Agent: Zhu Liu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,700,000
1598 W 36th St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 10, 2023 | Home Sold | $1,005,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,025,100 | $12,557 |
| 2023 | $26,565 | $497 |
| 2022 | $26,045 | $485 |
| 2021 | $25,535 | $472 |
| 2020 | $25,274 | $462 |
| 2019 | $24,779 | $392 |
| 2018 | $24,294 | $335 |
| 2017 | $23,819 | $335 |
History based on county public records data.
Nearby schools
7
Bright Elementary School
Public District KG-5
0.3 mi
•1771 W 36th St
3
STEM Preparatory Elementary School
Public Charter KG-5
0.4 mi
•1374 W 35th St
4
Lenicia B. Weemes Elementary
Public District PK-5
0.5 mi
•1260 W 36th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,042. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
45%
<35k
47%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1598 W 36th St in Los Angeles, CA and zip code 90018 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $7,700,000.
Over 302 listings were sold over their listed price in March 2025 in Los Angeles, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. In March 2025 in Los Angeles, CA there were 13.7% more homes for sale than in February. In March 2025 median list price was $940,937 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.