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    1297 W 36Th St

    Los Angeles, CA 90007
    • $1,300,000
    • STATUS: Pending
    • ON SITE: 26 days
    • MLS #: 21-721306
    Pending
    UPDATED: 53 min ago
    $1,300,000
    • 5
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,001
      SQFT
    • $650
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    We are pleased to offer the opportunity to acquire this 6,423 SF lot Student Housing Development opportunity located at 1297 W. 36th Street, about two blocks 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 duplex 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 USCs landmarks, academic buildings, and entertainment options. Students also benefit from being approximately three miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T17:42:50.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/116293979
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    1297 W 36Th St Los Angeles, CA 90007

    • Price: $1,300,000
    • Status: Pending
    • Updated: 53 min ago
    • MLS #: 21-721306
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,001
    SQFT
    $650
    $/SQFT
    1910
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to offer the opportunity to acquire this 6,423 SF lot Student Housing Development opportunity located at 1297 W. 36th Street, about two blocks 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 duplex 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 USCs landmarks, academic buildings, and entertainment options. Students also benefit from being approximately three miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.
    Exterior Features

    Lot Size Area 6423 Other Structures None Parking Garage Driveway Total Parking 5

    Interior Features

    Baths Total 2.00 Cooling Window Unit(S) Equipment FreezerGarbage DisposalIce MakerMicrowaveRange/OvenRefrigerator Heating None

    Property Features

    Assessed Total Value 732232 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T17:42:50.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260