1165 W. 36th Place, Los Angeles 90007

$1,705,000
Sold

Property Details

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1165 W. 36th Place, Los Angeles, California 90007

Description:

The Saadian Investment Group of BRC Advisors – Beverly Hills, is pleased to present the opportunity to acquire this rare 6,841 SF lot Student Housing Development opportunity located at 1165 W. 36th Place, less than one block to the University of Southern California (USC). The site offers a zoning ordinance of LARD-1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is a single family residence currently on the lot, which will be delivered 100% vacant. The property offers residents a highly desirable location walking distance to campus & University Village, providing easy access to all of USC’s landmarks, academic buildings, and entertainment options.