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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUL 04 2025 AT 11:01 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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1598 W 36th St

los angeles, CA 90018

$7,700,000

    INTERESTED? LET'S CONNECT

    $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.

    Details

    12,978 Sq Ft

    6,800 Sq Ft Exterior Space

    Other

    Built in 2025

    MLS/Listing ID OC25089916

    1 Stories

    2 Units

    Amenities & Features

    Community - Biking

    Gas Dryer Hookup

    Listing Courtesy of INVESLOOP REALTY INC, ZHU LIU

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

    Interested in 1598 W 36th St?