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.
MLS #
CRP1-19627
MLS Source
California Regional MLS
Days on Site
45
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Hood Over Range, Microwave, Other, Refrigerator
Dining Room
Dining Area in Living Room, Other
Fireplace
None
Laundry
Other
Cooling
Central Forced Air - Electric, Window/Wall Unit
Heating
Central Forced Air
Roof
Shingle
Foundation
Pillar/Post/Pier, Raised
Pool
None
Style
Craftsman
Garage/Parking
Common Parking Area, Other, Garage: 0 Car(s)
Zoning
R3
1168 W 35th St is a Single Family Residence in Los Angeles, CA 90007. This 2,204 square foot property sits on a 6,059 Sq Ft Lot and features 7 bedrooms & 4 full and 2 partial bathrooms. It is currently priced at $1,950,000 and was built in 1895.
This address can also be written as 1168 W 35th St, Los Angeles, CA 90007.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 16, 2024. For the most current information, please contact David Yu, (562) 882-7199