1168 W 35th Street
Los Angeles, CA, 90007
$1,950,000
7 Beds
6 Baths
2,204 SqFt
0.14 Acres
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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.

Property Details

Price:
$1,950,000
MLS #:
P1-19627
Status:
Active
Beds:
7
Baths:
6
Address:
1168 W 35th Street
Type:
Single Family
Subtype:
Single Family Residence
City:
Los Angeles
Listed Date:
Oct 4, 2024
State:
CA
Finished Sq Ft:
2,204
ZIP:
90007
Lot Size:
6,059 sqft / 0.14 acres (approx)
Year Built:
1895
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Schools

Interior

Appliances
Refrigerator, Gas Cooktop, Range Hood, Microwave, Gas Water Heater
Cooling
Electric, Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Interior Features
Recessed Lighting, Formica Counters
Window Features
Casement Windows

Exterior

Community Features
Curbs
Exterior Features
Rain Gutters
Fencing
Vinyl, Wrought Iron
Foundation Details
Pillar/ Post/ Pier, Raised
Garage Spaces
0.00
Lot Features
Near Public Transit, Sprinklers None
Parking Features
Concrete, On Site
Parking Spots
5.00
Pool Features
None
Roof
Shingle
Security Features
Smoke Detector(s), Security Lights
Sewer
Public Sewer
Spa Features
None
View
None
Water Source
Public

Financial

Utilities
Electricity Available, Water Available, Sewer Connected, Sewer Available, Natural Gas Connected

Map

Community

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1168 W 35th Street
Los Angeles, CA