1146 W 35th,Los Angeles, CA 90007
Los Angeles, CA 90007
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.
Details
| MLS # | SB26085306 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 133 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | John Stiegler II |
Features
| Zoning | LAR3 (TOC Tier 3) |
|---|---|
| Acreage | 0.16 |
| Property View | Yes |
Exterior
| Lot Features | Rectangular Lot |
|---|
Location
| Community Features | Biking, Curbs, Gutters, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90007) | |
Price: $2,949,000 low | high Med: $1,499,500 On site: 133 low | high Med: 169.5 | |
Market Activity 90007
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90007) | |
Price: $2,949,000 low | high Med: $1,499,500 On site: 133 low | high Med: 169.5 | |
 | $2,949,0001146 W 35thLos Angeles, CA 90007 |