1297 W 36Th Street, Los Angeles, CA 90007

About this property

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.

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$1,325,000

Sold July 2021 · listed $1,300,000, on market April 2021 · MLS #21721306 · Source: CRMLS

Listing Agent: Davis Saadian · Listing Office: BRC Advisors- BH · Bought with: Davis Saadian · Keller Williams Beverly Hills

$690,000

Sold December 2016 · listed $630,000, on market October 2016 · MLS #MB16732476 · Source: CRMLS

Listing Agent: FELIPE ACUNA · Listing Office: CENTURY 21 REALTY MASTERS · Contact: 323-722-7300 · Bought with: Howard Dinh · Tarbell, Realtors Irv

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