$2,949,000
1146 W 35th Street presents a near-RTI development opportunity located just blocks from the University of Southern California (USC). The project is approved under TOC Tier 3 incentives for a 15-unit residential development configured as a high-bed-count (~39–40 beds) student housing project. 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 ability to maximize rental income per bed while benefiting from consistent demand driven by USC’s growing student population. Rare opportunity to acquire a high-density development site in a prime infill location near USC, Exposition Park, and surrounding amenities.
Listed by John Stiegler II with Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
Property Type
Unimproved Land
Status
Active
MLS Number
SB26085382
Year Built
N/A
Lot Size
6,756 sq ft
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