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 California Regional Multiple Listing Service, Inc. as of 2021-04-11T19:26:04.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.