$1,680,000
For Sale

1460 W 35th Street

Los Angeles, CA 90018
10248 sqft | 45 beds | 45 baths | 0.16 acres | #25475713
Listing OfficeKeller Williams Beverly Hills
Browse 8 photos
Type:Purchase
Structure:House
Zone:Residential

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 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 Details
      • Property SubtypeSingleFamilyResidence
      • CountyLos Angeles
      • Original List Price$1,680,000
      • Property TypePurchase
      • MLS #25475713
      • MLS #25475713
      • Cost1680000
      • Acres0.1561
      • Square Feet10248
      • Year Built1906
      • Bedrooms45
      • Bathrooms45
      • Full Baths45
      • Stories4

Location

Kory KaghaziReal 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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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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