1168 W 35th Street, Los Angeles, CA 90007

  • $1,650,000
1168 W 35th Street, Los Angeles, CA 90007
Active Building Permit
1168 W 35th Street, Los Angeles, CA 90007
1168 W 35th Street, Los Angeles, CA 90007
  • $1,650,000

Description

Attention Developers!!!We are proud to present for sale a Development Opportunity for 70+- units by ED-1 (100% vested) and for 8 units + 2 ADU’s (total of 48 beds 48 baths) by TOC located about 2 minutes from the USC campus.. The latter option can be utilized for student housing. Currently, the remodeled SFR ( 7 bed 5 bath) on site is being operated as a short term rental (ArBnB) which purchasers can continue to operate while waiting for RTI. (Purchaser would assume entitlements)Seller has submitted plans for both options-ED-1 100% Affordable Housing and TOC. A Demolition permit has been issue. The ED-1 plan consist of 56 Studios units and 17 one bedroom units. Additionally, The existing SFR can be utilized for student housing with the option of building an ADU in the rear to maximize the number of bedrooms and bathrooms. This R3 (Tier3) corner lot location is walking distance to USC village and has a great walk score, a biker’s utopia, located close to public transportation, and is located within the USC Patrol Zone.

  • Address 1168 W 35th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Country US

Details

Updated on February 6, 2025 at 2:51 pm
  • Property ID: SR25012581
  • Price: $1,650,000
  • Land Area: 0.1391 Acres
  • Bedrooms: 7
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1895
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

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  • Hoyt Hochman