1168 W 35Th Street

Los Angeles, CA 90007

$1,790,000

List Price

7

bed Beds

6

shower Baths

2,204 sqft

straighten / sqft

1895

calendar_month Built

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.

Listing Information

List Price $1,790,000
Status Active
MLS SR24236234
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1895
Lot Size 6,061
Structure Size 2,204
DOM 1
Courtesy Of Keller Williams Realty-Studio City
Listing Agent George Kpachavi DRE#01839703
Co-Listing Agent Edwin Billones DRE#01018335

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 6
Flooring Information
Material Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Laminate Counters, Recessed Lighting, All Bedrooms Down
Cooling Type
Cooling Type Electric, Wall/Window Unit(s)

Exterior Information

Other Structures
Features None
View Yes

Maps

Listing information courtesy of: George Kpachavi, Edwin Billones, Keller Williams Realty-Studio City . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 8th, 2024 at 12:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.