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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,949,000

Est. payment - /mo

6,756 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26085306

HOA Y/N No

Lot Size 6,756 Sqft

Property 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 (~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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR3 (TOC Tier 3)

Interior

Fireplace No

Exterior

Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View City Lights

Building

Lot Description Rectangular Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 5040028021

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc. 310-447-2213, DRE #01981597

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

1146 W 35th Los Angeles, CA 90007

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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