1146 W 35th Street presents a rare development opportunity located just blocks from the University of Southern California (USC). The property is approved under TOC Tier 3 incentives for a 15-unit residential project configured as a high-bed-count (~39–40 beds) student housing development. The site is vacant and cleared, with entitlements well advanced, including CEQA exemption, LAHD covenant drafted, and LADWP power approved with fees pending. Positioned in a strong student housing submarket, the project offers the potential to maximize rental income per bed with consistent demand from USC’s growing student population. Excellent opportunity for a developer to acquire a high-density project in a prime infill location near USC, Exposition Park, and surrounding amenities.
3417 S Catalina Street: Sold $955,000 · Aug 2026 · 0.1 mi Marcus & Millichap | DRE #01406343 Buyer's agent: Jung Kim, Team Spirit Realty, Inc. | DRE #01890040
1239 W 30th Street: Sold $3,230,000 · 12 bd · 18 ba · 6,840 sqft · May 2026 · 0.3 mi Keller Williams Hollywood Hills | DRE #01921748 Buyer's agent: Subscriber Non, Non-Participant Office | DRE #13252
1227 W 30th Street: Sold $2,685,000 · 11 bd · 11 ba · 3,490 sqft · Jun 2026 · 0.3 mi Keller Williams Hollywood Hills | DRE #01921748 Buyer's agent: Davis Saadian, Keller Williams Hollywood Hills | DRE #01921748
1183 W 37th Drive: Sold $685,000 · 2 bd · 1 ba · 1,036 sqft · Apr 2026 · 0.3 mi Keller Williams Los Angeles | DRE #01380445 Buyer's agent: Michael R. Fukushima, Keller Williams Los Angeles | DRE #01380445
1140 Exposition Boulevard: Sold $337,500 · 1 bd · 1 ba · 1,273 sqft · Aug 2026 · 0.4 mi Equity Union | DRE #01776328 Buyer's agent: Teresa Mack, Pacific Playa Realty | DRE #01766118
2756 Raymond Avenue: Sold $437,500 · 4 bd · 3 ba · 3,259 sqft · Aug 2026 · 0.5 mi Equity Union | DRE #01776328 Buyer's agent: Teresa Mack, Pacific Playa Realty | DRE #01766118
2818 S Normandie Avenue: Sold $1,250,000 · 8 bd · 4 ba · 2,720 sqft · Jun 2026 · 0.6 mi Keller Williams Beverly Hills | DRE #02116849 Buyer's agent: WAN-I WU, Wetrust Realty | DRE #02085073