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Ryan Shimp

[email protected] +1(818) 314-8606

$ 1,950,000

Est. payment -/mo

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1168 W 35th ST Los Angeles, CA 90007

7 Beds

6 Baths

2,204 SqFt

UPDATED:

10/16/2024 08:24 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $884

MLS Listing ID P1-19627

Bedrooms 7

Full Baths 4

Half Baths 2

Construction Status Building Permit

HOA Y/N No

Year Built 1895

Lot Size 6,059 Sqft

Acres 0.1391

Property Description

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.

Location

State CA

County Los Angeles

Zoning R3

Rooms

Ensuite Laundry Inside

Interior

Interior Features Laminate Counters, Recessed Lighting, All Bedrooms Down

Laundry Location Inside

Heating Central

Cooling Electric, Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Range Hood

Laundry Inside

Exterior

Exterior Feature Rain Gutters

Garage Concrete, On Site

Fence Vinyl, Wrought Iron

Pool None

Community Features Curbs

Utilities Available Electricity Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available

View Y/N No

View None

Roof Type Shingle

Porch None

Parking Type Concrete, On Site

Total Parking Spaces 5

Private Pool No

Building

Lot Description Near Public Transit, Sprinklers None

Dwelling Type House

Faces North

Story One

Entry Level One

Foundation Pillar/Post/Pier, Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

Construction Status Building Permit

Others

Senior Community No

Tax ID 5040028025

Security Features Smoke Detector(s),Security Lights

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by David Yu • Keller Williams DTLA • [email protected]

Ryan Shimp

Private Office Advisor | License ID: 01864245

+1(818) 314-8606

Ryan Shimp

1168 W 35th ST Los Angeles, CA 90007

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1168 W 35th ST