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Listed by George Kpachavi • Keller Williams Realty-Studio City
$ 1,299,000
Est. payment /mo
New
1168 W 35th Street Los Angeles, CA 90007
7 Beds
6 Baths
2,204 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $589
MLS Listing ID CRSR25127405
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1895
Lot Size 6,061 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Wall/Window Unit(s), Other
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Microwave, Refrigerator, Gas Water Heater
Laundry Inside
Exterior
Pool None
View Other
Private Pool false
Building
Lot Description Other, Street Light(s), Storm Drain
Story 1
Foundation Pillar/Post/Pier, Raised
Architectural Style Craftsman
Schools
School District Los Angeles Unified

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