1146 35th

Los Angeles CA 90007

$2,949,000

Status: Active


Property Details

Description

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 (~3940 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 USCs 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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