1408 W 35th Street, Los Angeles, CA 90018

4 beds 2 baths 6,793 sq.ft.

Offerered at: $1,200,000.00

County: Los Angeles
Year Built: 1914
Association Fees: $0.00/mo.

Property Description

We are pleased to present the opportunity to acquire this 6,793, SF lot Student Housing + Affordable Housing Development opportunity located at 1408 W. 35th Steet, a couple of blocks away from the University of Southern California (USC). The site offers a zoning ordinance of LAC2-CPIO, which allows for the construction of 16 units by right + ADU's. The property also has the dual purpose of being developed as an affordable housing site with additional density utilizing both AB2334 & ED1 (Buyer to Verify). There is a single family residence currently on the lot, which can be delivered 100% vacant. The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment.

ESSENTIAL INFO

  • Status: Active
  • Architecture: See Remarks