1168 W 35th Street Active

Los Angeles,CA 90007

$ 1299000

7 Beds

6 Baths

2204 SqFt


Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $589

MLS Listing ID SR25012581

Style All Other Attached

Bedrooms 7

Full Baths 4

Half Baths 2

Year Built 1895

Lot Size 6,061 Sqft

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.
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

Area Los Angeles (90007)

Zoning LAR3

Interior

Cooling Wall/Window,Electric

Flooring Linoleum/Vinyl

Equipment Microwave,Refrigerator,Gas Stove

Laundry Inside

Exterior

Exterior Feature Wood,Frame,Glass

Fence Wrought Iron,Vinyl

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

View Neighborhood

Roof Type Shingle

Building

Lot Description Curbs,Sidewalks

Story 1

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $37

Acceptable Financing Cash,Conventional,Cash To New Loan

Listing Terms Cash,Conventional,Cash To New Loan

Special Listing Condition Standard

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