1339 W 35th Pl
Property Description
We are pleased to present 1339 W. 35th Place, a rare vacant development opportunity in the highly desirable USC student-housing market. Situated on a mostly level, rectangular 6,790-square-foot lot, the property is zoned RD2-1-CPIO and offers a compelling blank canvas for a thoughtfully designed income-producing project. Based on the underlying RD2 density standard, the site may accommodate up to 3 primary dwelling units and may also qualify for up to 2 detached ADUs, creating the potential for as many as 5 residences, subject to all applicable approvals and development standards. The property is located within the located in the highly desirable DPS Patrol Zone just blocks from the University of Southern California. The property also offers convenient access to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Metro E Line, Downtown Los Angeles and major transportation corridors.With strong demand for housing near USC, no tenant relocation required and the potential to develop multiple rental units, 1339 W. 35th Place presents an attractive opportunity for developers and investors seeking long-term income and value in a supply-constrained infill location.
Broker Details
Keller Williams Realty Hollywood Hills (310) 623-1300
MLS ID: C114727 State License Number: 01921748
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,850,000 |
| No. of Units: | 5 |
| Year Built: | 1966 |
| Lot Size: | 4,384.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $370,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 4 |
ID: 3yd-CLAWCA-26874427
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