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$7,700,000
Listing Price2beds
1baths
756sqft
6,800sqft lot
1598 W 36th St, Los Angeles, CA 90018
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
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For Sale
Off Market
Home type
Price / sqft
Year built
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. nnInvestment Highlights:n Cap Rate: 8%n Gross Income Multiplier (GIM): 12.58n No need to manage, the government agency will manage the property.n Prime location near USC, Exposition Park, and public transitnnThis 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.
Interior Details
756
2
1
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6800
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$462
$21,487
$3,787
--%
$25,274
2019
$462
$21,066
$3,713
--%
$24,779
2018
$392
$20,653
$3,641
--%
$24,294
2017
$335
$20,249
$3,570
--%
$23,819
2016
$318
$19,852
$3,500
--%
$23,352
2014
$326
$19,171
$3,381
--%
$22,552
2013
$320
$19,085
$3,366
--%
$22,451
2012
$318
$18,711
$3,300
--%
$22,011
Average Home Price in 90018
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





