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1168 W 35th St, Los Angeles, CA 90007

List Price: $1,299,000On Market FlagOn market
Jun 6, 20252,204 sqft7 beds6 baths
Listed by: George Kpachavi
License #: 01839703
Phone #: 818-432-1500
Keller Williams Realty-Studio City
Source:
CRMLS Logo
MLS #: SR25127405

Property Description

Attention Developers!!!We are proud to present for sale a Development Opportunity for 70+- units by ED-1 (100% vested) and for 8 units + 2 ADU's (total of 48 beds 48 baths) by TOC located about 2 minutes from the USC campus.. The latter option can be utilized for student housing. Currently, the remodeled SFR ( 7 bed 5 bath) on site is being operated as a short term rental (ArBnB) which purchasers can continue to operate while waiting for RTI. (Purchaser would assume entitlements)Seller has submitted plans for both options-ED-1 100% Affordable Housing and TOC. A Demolition permit has been issue. The ED-1 plan consist of 56 Studios units and 17 one bedroom units. Additionally, The existing SFR can be utilized for student housing with the option of building an ADU in the rear to maximize the number of bedrooms and bathrooms. This R3 (Tier3) corner lot location is walking distance to USC village and has a great walk score, a biker's utopia, located close to public transportation, and is located within the USC Patrol Zone.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,685

TurboHome Estimated Value

$1,339,000

$608 sqft

High Valuation
$1,405,950
$638/sqft
Normal Valuation
$1,339,000
$608/sqft
Low Valuation
$1,272,050
$577/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$608/sqft$1,339,000

Neighborhood: South Los Angeles

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Comparative Value

$1.04M

$1.13M

$1.30M

$1.44M

1431 W 84th St, Los Angeles, CA 90047

Sale Price: $1,040,500

Selected Comparable

2018 W 27th St, Los Angeles, CA 90018

Sale Price: $1,126,000

Selected Comparable

1168 W 35th St, Los Angeles, CA 90007

List Price: $1,299,000

Subject Property

2801 S Hobart Blvd, Los Angeles, CA 90018

Sale Price: $1,438,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1168 W 35th St, Los Angeles, CA 90007

1168 W 35th St, Los Angeles, CA 90007

List: $1,299,000

Listed: 6/6/2025

Area:2,204 sqft
Price/sqft:$589
Beds:7
Baths:6
Year Built:
Lot Size:6,061

Comparable Properties

COMPARABLE
Choose comps
2801 S Hobart Blvd, Los Angeles, CA 90018

2801 S Hobart Blvd, Los Angeles, CA 90018

Sale: $1,438,000

9/11/20240.93 mi

Area:2,308 sqft
Price/sqft:$623
Beds:6
Baths:6
Year Built:
Weight:37.9%
2018 W 27th St, Los Angeles, CA 90018

2018 W 27th St, Los Angeles, CA 90018

Sale: $1,126,000

9/10/20241.02 mi

Area:2,542 sqft
Price/sqft:$443
Beds:8
Baths:6
Year Built:
Weight:34.0%
1431 W 84th St, Los Angeles, CA 90047

1431 W 84th St, Los Angeles, CA 90047

Sale: $1,040,500

12/4/20244.22 mi

Area:2,904 sqft
Price/sqft:$358
Beds:7
Baths:5
Year Built:
Weight:28.0%

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