$1,950,000
For Sale

1168 W 35th Street

Los Angeles, CA 90007
2204 sqft | 7 beds | 5 baths | 0.14 acres | #P1-19627
Listing OfficeKeller Williams DTLA
Browse 14 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorLaminateCounters, RecessedLighting, AllBedroomsDown
    • Beds & Baths
      • Bedrooms7
      • Bathrooms5
      • Full Baths4
      • Half Baths2
  • Property Details
      • Lot DescriptionNearPublicTransit, SprinklersNone
      • Exterior MaterialsRainGutters
    • Measurements
      • Acres0.1391
      • Square Feet2204
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1895
    • Material information
      • FoundationPillarPostPier, Raised
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,950,000
  • Other
      • MLS #P1-19627

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00