45-Unit Co-Living Apartment
1598 W 36th, Los Angeles, CA 90018
For Sale
$6,500,000
Each private bedroom includes its own bathroom within the shared-living arrangement.
Property Size12,017 SF
Days on Market52
Property Features for 1598 W 36th
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Pinnacle Real Estate Group
Listed By:
Zhu Liu · License CA #02116709
(626) 233-3077
Source:
Archetyperealty
Added: Sep 24
Changed: Nov 13
Last Checked: Nov 12 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Group
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Investment Insights
Based on property information with market context.
Completed in 2025, this co-living apartment property contains 45 private bedrooms, each with a dedicated bathroom. The listing identifies 45 individual rental units, creating a suite-style residential configuration.
The property is near USC, with transportation options, supermarkets, restaurants, and shopping in the surrounding area.
The property is near USC, with transportation options, supermarkets, restaurants, and shopping in the surrounding area.
Key Highlights
- 45 individual rental units
- 45 private bedrooms, each with its own bathroom
- Built in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,363
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,867,260
$3.9M
Cap Rate 7%
$2,762,329
$2.8M
Cap Rate 9%
$2,148,478
$2.1M
Market Conditions
NOI Build-Up for 12,017 SF
Gross rent
$382.1K $31.80/SF
− Vacancy
−$30.6K −$2.54/SF
EGI
$351.6K $29.26/SF
− OpEx
−$158.2K −$13.17/SF
NOI
$193.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,867,260
Cap Rate 7%
$2,762,329
Cap Rate 9%
$2,148,478
Alternative Uses
Best Use
Apartment 5plus
$2.76M
$2.42M – $3.22M
NOI $193,363 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M
NOI $351,207 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
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Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each private bedroom includes its own bathroom within the shared-living arrangement.
Where is this apartment building located?
The property is located at 1598 W 36th Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 45 individual rental units; 45 private bedrooms, each with its own bathroom; Built in 2025
