1460 W 35th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 10,248 sqft
Price per Sqft $146
MLS Listing ID 24-436375
Style Other
Bedrooms 45
Full Baths 45
HOA Y/N No
Year Built 1906
Lot Size 6,801 Sqft
Acres 0.1561
Property Description
We are pleased to present the opportunity to acquire this Fully Permitted Student Housing Construction project of 3 Residential Units totaling 45bd + 45bths, a couple of blocks away from the University of Southern California (USC). Located on 1460 W. 35th Street, this project is currently permitted with all permits paid for and in hand. The 4-story design consists of 2 residential units(21bd + 21 bth & 18bd + 18bth) + 1 ADU(6bd + 6bth) fully stacked with nearly identical floor plans totaling 10,248 SF of rentable square footage. An added benefit of the design is the inclusion of a two-car garage (total - 350 SF) along with two additional outdoor parking spaces. The property boasts a straightforward construction process, which will help any developer save on costs and expedite project completion. Expertly designed for co-living, each floor has ample living space for the tenants to enjoy as well as a private bathroom in each bedroom suite. The site comes with an SB8 Determination Letter that states that no affordable units are required in the new development! In addition to renting to students, the property also offers dual-use potential: it can be rented to affordable housing programs, with the possibility of earning up to $1,200 per room in rent (Buyer to Verify).The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment. Please contact listing agent for more details!
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LARD2
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type Other
Equipment Other
Laundry Other
Exterior
Parking Features Other
Garage Spaces 4.0
Pool None
View Y/N Yes
View Other
Building
Story 4
Architectural Style Other
Level or Stories Multi/Split
Others
Special Listing Condition Standard