Home for Sale
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Why This Property?

Attention Developers!!!We are proud to present for sale a Development Opportunity for 70+- units by ED-1 (100% vested) and for 8 units + 2 ADU's (total of 48 beds 48 baths) by TOC located about 2 minutes from the USC campus.. The latter option can be utilized for student housing. Currently, the remodeled SFR ( 7 bed 5 bath) on site is being operated as a short term rental (ArBnB) which purchasers can continue to operate while waiting for RTI. (Purchaser would assume entitlements)Seller has submitted plans for both options-ED-1 100% Affordable Housing and TOC. A Demolition permit has been issue. The ED-1 plan consist of 56 Studios units and 17 one bedroom units. Additionally, The existing SFR can be utilized for student housing with the option of building an ADU in the rear to maximize the number of bedrooms and bathrooms. This R3 (Tier3) corner lot location is walking...

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Facts & features

  • Bedrooms & bathrooms
    Bedrooms: 7 Bathrooms: 6 Half bathrooms: 2
  • Stories
    None
  • Location
    City: Los Angeles
  • Living Area
    2204 Sq ft
  • Lot size
    0.1391 acres
  • Year built
    1895
  • Standard status
    Active
  • Cooling
    ElectricWall/Window Unit(s)
  • Heating
    Central
  • Exterior Features
    Rain Gutters
  • Sewer
    Public Sewer
  • Water source
    Public

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