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$1,299,000

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7 Beds

6 Baths

2,204 SqFt

Price Dropped by $351K

1168 W 35th Street Los Angeles, CA 90007

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Barbara Truglio

Hunter & Maddox Real Estate

barbara.truglio@gmail.com +1(760) 809-6548

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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

Construction Status Building Permit

HOA Y/N No

Year Built 1895

Lot Size 6,061 Sqft

Acres 0.1391

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

Interior Features Formica Counters, Recessed Lighting

Cooling Wall/Window, Electric

Flooring Linoleum/Vinyl

Equipment Microwave, Refrigerator, Gas Stove

Appliance 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

Total Parking Spaces 5

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Craftsman/Bungalow

Level or Stories 1 Story

Construction Status Building Permit

Others

Monthly Total Fees $37

Miscellaneous Storm Drains

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

Listed by George Kpachavi • Keller Williams Realty-Studio City

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Barbara Truglio

Agent | License ID: 01907988

+1(760) 809-6548

1168 W 35th Street Los Angeles, CA 90007

Barbara Truglio

Key Details

Location

Interior

Exterior

Building

Others

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1168 W 35th Street