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.
Details
MLS #
SB26085306
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
130
Listing Provided By
Lyon Stahl Investment Real Estate, Inc. | John Stiegler II
Features
Zoning
LAR3 (TOC Tier 3)
Acreage
0.16
Property View
Yes
Exterior
Lot Features
Rectangular Lot
Location
Community Features
Biking, Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90007
Area
C34 Los Angeles Southwest
Listing VS Median (in 90007)
Price: $2,949,000
low | high
Med: $6,775
100% of Average
On site: 130
low | high
Med: 119.5
100% of Average
Sourced by Back At You
Market Activity 90007
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 2
Avg $ Per SqFt: $306.31
Min Sale Price: $350,000
Max Sale Price: $460,000
Med Sale Price: $405,000
Date: Jun 2026
Sales: 1
Avg $ Per SqFt: $341.39
Min Sale Price: $975,000
Max Sale Price: $975,000
Med Sale Price: $975,000
Date: May 2026
Sales: 2
Avg $ Per SqFt: $493.75
Min Sale Price: $750,000
Max Sale Price: $2,565,000
Med Sale Price: $1,657,500
Date: Apr 2026
Sales: 3
Avg $ Per SqFt: $329.27
Min Sale Price: $955,000
Max Sale Price: $1,250,000
Med Sale Price: $1,200,000
Date: Mar 2026
Sales: 3
Avg $ Per SqFt: $470.36
Min Sale Price: $1,099,000
Max Sale Price: $2,685,000
Med Sale Price: $1,600,000
Date: Feb 2026
Sales: 4
Avg $ Per SqFt: $352.6
Min Sale Price: $975,000
Max Sale Price: $1,062,000
Med Sale Price: $1,025,389
Date: Jan 2026
Sales: 5
Avg $ Per SqFt: $338.07
Min Sale Price: $888,000
Max Sale Price: $3,230,000
Med Sale Price: $1,050,000
Date: Dec 2025
Sales: 2
Avg $ Per SqFt: $492.11
Min Sale Price: $685,000
Max Sale Price: $2,800,000
Med Sale Price: $1,742,500
Date: Nov 2025
Sales: 3
Avg $ Per SqFt: $228.25
Min Sale Price: $337,500
Max Sale Price: $750,000
Med Sale Price: $437,500
Date: Oct 2025
Sales: 1
Avg $ Per SqFt: $451.24
Min Sale Price: $1,035,150
Max Sale Price: $1,035,150
Med Sale Price: $1,035,150
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $305.16
Min Sale Price: $899,000
Max Sale Price: $899,000
Med Sale Price: $899,000
Sourced by Back At You
Jul 2026
Sales:
2
Avg $ Per SqFt:
$306.31
Min Sale Price:
$350,000
Max Sale Price:
$460,000
Med Sale Price:
$405,000
Jun 2026
Sales:
1
Avg $ Per SqFt:
$341.39
Min Sale Price:
$975,000
Max Sale Price:
$975,000
Med Sale Price:
$975,000
May 2026
Sales:
2
Avg $ Per SqFt:
$493.75
Min Sale Price:
$750,000
Max Sale Price:
$2,565,000
Med Sale Price:
$1,657,500
Apr 2026
Sales:
3
Avg $ Per SqFt:
$329.27
Min Sale Price:
$955,000
Max Sale Price:
$1,250,000
Med Sale Price:
$1,200,000
Mar 2026
Sales:
3
Avg $ Per SqFt:
$470.36
Min Sale Price:
$1,099,000
Max Sale Price:
$2,685,000
Med Sale Price:
$1,600,000
Feb 2026
Sales:
4
Avg $ Per SqFt:
$352.6
Min Sale Price:
$975,000
Max Sale Price:
$1,062,000
Med Sale Price:
$1,025,389
Jan 2026
Sales:
5
Avg $ Per SqFt:
$338.07
Min Sale Price:
$888,000
Max Sale Price:
$3,230,000
Med Sale Price:
$1,050,000
Dec 2025
Sales:
2
Avg $ Per SqFt:
$492.11
Min Sale Price:
$685,000
Max Sale Price:
$2,800,000
Med Sale Price:
$1,742,500
Nov 2025
Sales:
3
Avg $ Per SqFt:
$228.25
Min Sale Price:
$337,500
Max Sale Price:
$750,000
Med Sale Price:
$437,500
Oct 2025
Sales:
1
Avg $ Per SqFt:
$451.24
Min Sale Price:
$1,035,150
Max Sale Price:
$1,035,150
Med Sale Price:
$1,035,150
Sep 2025
Sales:
1
Avg $ Per SqFt:
$305.16
Min Sale Price:
$899,000
Max Sale Price:
$899,000
Med Sale Price:
$899,000
MLS#: SB26085306 Listed By: John Stiegler II - Lyon Stahl Investment Real Estate, Inc. - 3104259838-
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MLS#: SB26085306 Listed By: John Stiegler II - Lyon Stahl Investment Real Estate, Inc. - 3104259838-
