$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 LAs 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.
Features
45 bedrooms
47 bathrooms
crop_free0.16 ac. lot size
cottageMulti-Family
Property history for 1598 W 36th St
2023
Sold
$1,005,000
10 Mar 2023 by Melissa Knight, of The Hills Premier Realty, Inc.
2016
Sold
$690,000
28 Jun 2016
Happy sellers in Los Angeles
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Local market activity for 45 bedroom multi families in Los Angeles
Sold
For Sale
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