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$ 2,949,000
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Price Dropped by $549K
1146 W 35th Los Angeles, CA 90007
6,756 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26085382
HOA Y/N No
Lot Size 6,756 Sqft
Property Sub-Type Unimproved Land
Property Description
1146 W 35th Street presents a near-RTI development opportunity located just blocks from the University of Southern California (USC). The project is approved under TOC Tier 3 incentives for a 15-unit residential development configured as a high-bed-count (~39–40 beds) student housing project. 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 ability to maximize rental income per bed while benefiting from consistent demand driven by USC's growing student population. Rare opportunity to acquire a high-density development site in a prime infill location near USC, Exposition Park, and surrounding amenities.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Water Not Available
Building
Lot Description Rectangular Lot
Water None
Others
Tax ID 5040028021
Special Listing Condition Standard
Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc. 310-447-2213, DRE #01981597
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