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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,949,000

Est. payment | -/mo

6,754 Sqft Lot

Save

$ 2,949,000

Est. payment | -/mo

Save

6,754 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26085306

Lot Size 6,754 Sqft

Property Sub-Type Lots/Land

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 (~3940 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 USCs 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

Direction Located just west of Figueroa St and north of W Jefferson Blvd, near USC.

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 5040028021

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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1146 W 35th Los Angeles, CA 90007