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! Seller will be doing a 1031 exchange.