Property Detail

1598 36th

Los Angeles CA 90018

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$7,700,000

Status: Active

Property Details

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: • 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.

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