tomo logo

$1,950,000

Beds
7
Baths
5.0
sq ft
2,204

1168 W 35th St, Los Angeles, CA 90007

1168 W 35th St

Los Angeles, CA 90007

  • 31 days on market
Attention Developers!!!We are proud to present for sale a Development Opportunity for 70+- units by ED-1 (100% vested) and for 8 units + 2 ADU's (total of 48 beds 48 baths) by TOC located about 2 minutes from the USC campus.. The latter option can be utilized for student housing. Currently, the remodeled SFR ( 7 bed 5 bath) on site is being operated as a short term rental (ArBnB) which purchasers can continue to operate while waiting for RTI. (Purchaser would assume entitlements)Seller has submitted plans for both options-ED-1 100% Affordable Housing and TOC. A Demolition permit has been issue. The ED-1 plan consist of 56 Studios units and 17 one bedroom units. Additionally, The existing SFR can be utilized for student housing with the option of building an ADU in the rear to maximize the number of bedrooms and bathrooms. This R3 (Tier3) corner lot location is walking distance to USC village and has a great walk score, a biker's utopia, located close to public transportation, and is located within the USC Patrol Zone.

Details

Property type

Single Family Residence

Lot size

6,059.4 sq ft

Price per sq ft

$885

Year built

1895

Price History

10/15/2024
CRMLS

CRMLS #P1-19627

Listed
$1,950,000
-14.85%
08/29/2024
CRMLS

CRMLS #P1-18574

Removed
$2,290,000
07/19/2024
CRMLS

CRMLS #P1-18574

Listed
$2,290,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

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Status: Active

Tomo last checked: 11/15/2024 at 2:40 PM

Listing updated: 10/15/2024 at 2:30 PM

Listed by: David Yu, Keller Williams DTLA Phone #: (213) 797-7000

MLS: CRMLS #P1-19627

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