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Listed by John W. Stiegler II • Lyon Stahl Investment Real Estate, Inc.
$3,800,000
Est. payment /mo
6,754 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-26085306
Lot Size 6,754 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Zoning LAR3 (TOC Tier 3)
Exterior
Community Features Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900