$3,800,000
1146 W 35th Street presents a rare development opportunity located just blocks from the University of Southern California (USC). The property is approved under TOC Tier 3 incentives for a 15-unit residential project configured as a high-bed-count (~39–40 beds) student housing development. The site is vacant and cleared, with entitlements well advanced, including CEQA exemption, LAHD covenant drafted, and LADWP power approved with fees pending. Positioned in a strong student housing submarket, the project offers the potential to maximize rental income per bed with consistent demand from USC’s growing student population. Excellent opportunity for a developer to acquire a high-density project in a prime infill location near USC, Exposition Park, and surrounding amenities.
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Listed by John Stiegler II with Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
Property Type
Land
Status
Active
MLS Number
SB26085306
Year Built
N/A
Lot Size
6,756 sq ft