Los Angeles, CA 90018 1598 W 36th Street

1598 W 36th Street Los Angeles, CA - Image 11598 W 36th Street Los Angeles, CA - Image 21598 W 36th Street Los Angeles, CA - Image 3
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1598 W 36th Street Los Angeles, CA - Image 41598 W 36th Street Los Angeles, CA - Image 5
Presented By: Zhu Liu with Invesloop Realty Inc; 626-233-3077
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25089916
  • 04/23/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 45
  • Baths • 47
  • SQFT • 12,978
  • Garage • 2

Home Details

$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.
Presented By: Zhu Liu with Invesloop Realty Inc; 626-233-3077

Interior Features for 1598 W 36th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesGasDryerHookup
Total Stories4

Other Rooms

Entry Level1

General for 1598 W 36th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking
CountyLos Angeles
DirectionsWalking distance to USC campus. Exit from Normandie Ave from I-10 then turn onto W 36th Street.
Entry Locationfront door
Garage Spaces2.0
Garage Y/NYes
Gross Income602100.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional
Lot Size Square Feet6800.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income541890.0
New ConstructionNo
Number Of Units Total2
Operating Expense60210.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot29
Trash Expense0.0
Year Built2025
Year Built SourceBuilder
ZoningLAR4

Exterior for 1598 W 36th Street

Building Area Total12978.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1561
Lot Size Area6800.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $7,700,000
MLS#OC25089916
List Date 04/23/2025
Property Type Multi-Family
Phone 714.742.6515
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