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Listed by John Stiegler II, DRE #01981597 • Lyon Stahl Investment Real Estate, Inc.
$ 3,498,000
Est. payment /mo
Price Dropped by $302K
1146 W 35th Los Angeles, CA 90007
6,754 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26085306
Lot Size 6,754 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
1146 W 35th Street presents a rare development opportunity located just blocks from the University of Southern California (USC). The property is approved under TOC Tier 3 incentives for a 15-unit residential project configured as a high-bed-count (~39-40 beds) student housing development. The site is vacant and cleared, with entitlements well advanced, including CEQA exemption, LAHD covenant drafted, and LADWP power approved with fees pending. Positioned in a strong student housing submarket, the project offers the potential to maximize rental income per bed with consistent demand from USC's growing student population. Excellent opportunity for a developer to acquire a high-density project in a prime infill location near USC, Exposition Park, and surrounding amenities.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LSR
Exterior
View City Lights
Building
Water District - Public
Others
Tax ID 5040028021
Special Listing Condition Not Applicable
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