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1460 35th Street
Los Angeles, CA 90018
We are pleased to present the opportunity to acquire this Fully Permitted Student Housing Construction project of 3 Residential Units totaling 45bd + 45bths, a couple of blocks away from the University of Southern California (USC). Located on 1460 W. 35th Street, this project is currently permitted with all permits paid for and in hand. The 4-story design consists of 2 residential units(21bd + 21 bth & 18bd + 18bth) + 1 ADU(6bd + 6bth) fully stacked with nearly identical floor plans totaling 10,248 SF of rentable square footage. An added benefit of the design is the inclusion of a two-car garage (total - 350 SF) along with two additional outdoor parking spaces. The property boasts a straightforward construction process, which will help any developer save on costs and expedite project completion. Expertly designed for co-living, each floor has ample living space for the tenants to enjoy as well as a private bathroom in each bedroom suite. The site comes with an SB8 Determination Letter that states that no affordable units are required in the new development! In addition to renting to students, the property also offers dual-use potential: it can be rented to affordable housing programs, with the possibility of earning up to $1,200 per room in rent (Buyer to Verify).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. Please contact listing agent for more details!
PROPERTY INFORMATION
| MLS # | 24436375 | Lot Size | 6,801 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,500,000
Price Per SqFt: $ 146 |
DOM | 237 Days |
| Address | 1460 35th Street | Type | Residential |
| City | Los Angeles | Sq.Ft. | 10,248 Sq. Ft. |
| Postal Code | 90018 | Garage | N/A |
| County | Los Angeles | Year Built | 1906 |
| Bed / Bath | 45 / 45 | Parking | 4 |
| Built In | 1906 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Appliances | Yes |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,600
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/09/2024 | Listed | $1,500,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Adam Shamooelian, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
