Description
We are 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 USCs landmarks, academic buildings, and entertainment.
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4BEDS
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0.16ACRES
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1BATHS
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01/2 BATHS
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1,808SQFT
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$943$/SQFT
School Ratings & Info
Description
We are 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 USCs landmarks, academic buildings, and entertainment.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-10T23:42:37.08. 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.