1787 W 35th, Los Angeles, CA 90018
1787 W 35th, Los Angeles, CA 90018
1787 W 35th, Los Angeles, CA 90018
12
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$1,450,000
Est. payment /mo
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35 Beds
2 Baths
10,332 SqFt
New

1787 W 35th Los Angeles, CA 90018

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Justin McElligott

Justin McElligott

+1(619) 871-1499

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 10,332 sqft

Price per Sqft $140

MLS Listing ID PW26174983

Bedrooms 35

Half Baths 2

Year Built 1967

Lot Size 6,802 Sqft

Property Sub-Type Detached

Property Description

We are please to offer the opportunity to acquire a fully permitted, ready-to-build co-living housing development located just minutes from the University of Southern California (USC). Situated at 1787 W. 35th Street, the approved three-story project consists of 2 residential units totaling 35 bedrooms and 37 bathrooms, with approximately 10,332 SF of rentable living space. The thoughtfully designed co-living configuration includes one 17-bedroom/18-bathroom unit and one 18-bedroom/19-bathroom unit, featuring highly efficient, nearly identical stacked floor plans. Each bedroom is designed as a private suite with its own bathroom, complemented by spacious shared kitchens, dining areas, living spaces, and laundry facilities. With permits and architectural plans already completed and paid for, the project provides a substantial head start for a developer looking to avoid much of the time, expense, and carrying costs typically associated with the pre-construction and entitlement process. Seller reports more than $250,000 invested in plans, permits, and related pre-development costs. The propertys high-bedroom-count, private-bath configuration creates a compelling opportunity for a variety of rental strategies, including student housing, co-living or single-room occupancy-style housing, Section 8/Housing Choice Voucher tenants, and other qualifying affordable or supportive housing programs, subject to applicable requirements and approvals. Potential rents of up to $1,450 per bedroom have been projected; Buyer to independently verify rents, program eligibility, occupancy requirem

Location

State CA

County Los Angeles

Direction Major Cross Streets: Jefferson Blvd & Western Ave

Interior

Cooling Central Forced Air

Fireplace No

Laundry Electric, Gas & Electric Dryer HU

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories 3

Others

Senior Community No

Tax ID 5041005018

Acceptable Financing Cash, Conventional, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Conventional, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Danny Prasad, DRE#02094573 Kase Real Estate 

NEARBY SCHOOL & BUSINESS

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Justin McElligott

Justin McElligott

Agent

+1(619) 871-1499

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1787 W 35th