1408 W 35th Street

Los Angeles, CA 90018
$1,200,000
1680 sqft | 4 beds | 2 baths | 0.16 acres | #24426749
Courtesy of Keller Williams Beverly Hills

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.

  • Property Details
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
      • Stories:2
      • Acres:0.1559
      • Square Feet:1680
      • Property type:Purchase
      • Year built:1914
      • County:Los Angeles
      • Original List Price:$1, 200, 000
      • MLS #:24426749
      • Cost:1200000
      • Property subtype:SingleFamilyResidence
      • MLS #:24426749

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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.

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