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Listed by Danny Prasad, DRE #02094573 • Kase Real Estate
$1,450,000
Est. payment /mo
6,802 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26173877
Year Built 1967
Lot Size 6,802 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
We are pleased 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 property's 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-s
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry Laundry Area
Exterior
Parking Features No Parking
Pool 31, None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 5041005018
Special Listing Condition Not Applicable
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