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$1,680,000
Est. payment /mo
45 Beds
45 Baths
10,248 SqFt
UPDATED:
01/14/2025 03:41 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 10,248 sqft
Price per Sqft $163
MLS Listing ID CL25475713
Bedrooms 45
Full Baths 45
HOA Y/N No
Year Built 1906
Lot Size 6,801 Sqft
Acres 0.1561
Property Description
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 structure has also recently been demolished, a significant saving for any buyer! 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. 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 loca
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Total Parking Spaces 4
Private Pool false
Building
Architectural Style See Remarks
Level or Stories Multi/Split
New Construction No
Others
Tax ID 5041010027
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Listed by Adam Shamooelian • Keller Williams Beverly Hills