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1146 35th st - USC Student Housing Develop Site | Near-RTI 6,754 Acres of Commercial Land Offered at $5,207,558 CAD in Los Angeles, CA 90007
Investment Highlights
- Near-RTI Development Opportunity
- 15 Units | ~39–40 Bed Student Housing Project
- Vacant & Cleared Site
- TOC Tier 3 Approved (High Density)
- CEQA Exempt (Reduced Development Risk)
- Walking Distance to USC
Executive Summary
Entitlements are well advanced, with CEQA exemption granted, LAHD covenant drafted, and LADWP power approved with fees pending. The site is vacant and cleared, allowing a developer to step into a substantially de-risked project with remaining steps largely administrative.
Positioned in one of Los Angeles’ strongest student housing markets, the project offers the ability to maximize rental income per bed while benefiting from consistent demand driven by USC’s growing student population. This is a rare opportunity to acquire a high-density, near shovel-ready development in a premier infill location.
Property Facts
| Price | $5,207,558 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 6,754.00 AC |
| Zoning | LAR3 (TOC Tier 3) - Zoned for multifamily residential development and approved under TOC Tier 3 incentives, allowing for increased density. Site is entitled for a 15-unit | ||
| Price | $5,207,558 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6,754.00 AC |
| Zoning | LAR3 (TOC Tier 3) - Zoned for multifamily residential development and approved under TOC Tier 3 incentives, allowing for increased density. Site is entitled for a 15-unit |
1 Lot Available
Lot
| Price | $5,207,558 CAD | Lot Size | 6,754.00 AC |
| Price Per AC | $771.03 CAD |
| Price | $5,207,558 CAD |
| Price Per AC | $771.03 CAD |
| Lot Size | 6,754.00 AC |
Vacant, cleared development site near USC. TOC Tier 3 project for 15 units (~39–40 beds). Near-RTI with approvals in place, CEQA exempt, and utilities coordinated. Prime student housing location with strong demand.
Description
1146 W 35th Street is a near-RTI, fully entitled development site located just blocks from the University of Southern California (USC). The project is approved under TOC Tier 3 incentives for a 15-unit residential development configured as a high-bed-count (~39–40 beds) student housing opportunity. The property is vacant and cleared, allowing a developer to step into a substantially de-risked project. Entitlements are well advanced, with CEQA exemption granted, LAHD covenant drafted, and LADWP power approved with fees pending. Positioned in one of Los Angeles’ strongest student housing markets, the project offers the ability to maximize rental income per bed while benefiting from consistent demand driven by USC’s growing student population.
Property Taxes
| Parcel Number | 5040-028-021 | Improvements Assessment | $596,419 CAD |
| Land Assessment | $2,385,679 CAD | Total Assessment | $2,982,098 CAD |
Property Taxes
Presented by
1146 35th st - USC Student Housing Develop Site | Near-RTI
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