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 / DB 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 submit ted plans for both options-ED-1 100% Affordable Housing and TOC and has a Demolition permit issue.

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 extraordinary walk score, a biker's utopia, located close to public transportation and is located within the USC Patrol Zone.

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on 1168 W 35th St
in Los Angeles, CA
Presented by David Yu at
Keller Williams DTLA.


Property MLS #P1-18574 from CRMLS

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+ Exterior and Lot Features

Fencing: Fence YN: Yes, Fencing: Fair Condition, Wrought Iron, Vinyl
Road Frontage Type: City Street
Road Surface Type: Paved

+ Land Info

Lot Description: Corner Lot
Lot Size Acres: 0.1391047
Lot Size Dimensions: 45 X 135
Lot Size Source: Assessor
Lot Size Square Feet: 6059

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Amenities and Community Features

Community Features: Biking, Urban, Sidewalks, Street Lights, Storm Drains

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Current Use: Residential
Directions: At the South East corner of the intersection of W 35th st and S Catalina St
Source Property Type: Land
Possible Use: Multi-Family, Residential
Parcel Number: 5040028025
Zoning: R-3
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-07-19
$2,290,000
CRMLS

+ Utilities

Sewer: Public Sewer
Cable Connected
Water Connected
Sewer Connected
Sewer Available
Natural Gas Connected
Electricity Connected
Water Source: Public

+ Display Complete School Details

John W. Mack Elementary School is a public elementary school located approximately 0.2 miles away.
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Foshay Learning Center is a public elementary, middle and high school located approximately 0.8 miles away.
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Dorothy Brown School is a private middle and high school located approximately 0.4 miles away.
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