1787 W 35th , Los Angeles, CA 90018
$1,450,000
Est. Payment: $7,744.01/mo
35 Bed
37 Bath
10332 Sqft
Status: Active | Days on site: 17
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House Description

We are pleased to offer the opportunity to acquire a fully permitted, ready-to-build co-living housing development located just minutes from the University of Southern California (USC). Situated at 1787 W. 35th Street, the approved three-story project consists of 2 residential units totaling 35 bedrooms and 37 bathrooms, with approximately 10,332 SF of rentable living space. The thoughtfully designed co-living configuration includes one 17-bedroom/18-bathroom unit and one 18-bedroom/19-bathroom unit, featuring highly efficient, nearly identical stacked floor plans. Each bedroom is designed as a private suite with its own bathroom, complemented by spacious shared kitchens, dining areas, living spaces, and laundry facilities. With permits and architectural plans already completed and paid for, the project provides a substantial head start for a developer looking to avoid much of the time, expense, and carrying costs typically associated with the pre-construction and entitlement process. Seller reports more than $250,000 invested in plans, permits, and related pre-development costs. The property’s high-bedroom-count, private-bath configuration creates a compelling opportunity for a variety of rental strategies, including student housing, co-living or single-room occupancy-style housing, Section 8/Housing Choice Voucher tenants, and other qualifying affordable or supportive housing programs, subject to applicable requirements and approvals. Potential rents of up to $1,450 per bedroom have been projected; Buyer to independently verify rents, program eligibility, occupancy requirements, licensing, and permitted uses. Located in close proximity to USC, University Village, academic facilities, dining, shopping, entertainment, and major transportation corridors, this is a rare opportunity to acquire a high-bedroom-count, fully permitted development project positioned for strong rental potential in the USC housing market. Contact listing agent for plans, permits, and additional project information.

Highlights

Listed by Danny Prasad , 702-768-7334 Kase Real Estate , 949-200-9818. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1967

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

PW26173877

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:35
  • Bathrooms:37
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:0
Others:
  • Additional:Building Permit, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$7,744
Taxes
$924

Home Price

$1,450,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$290,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,744.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,744.01 $924.38 $0.00 $8,668.39
Yearly $92,928.18 $11,092.50 $0.00 $104,020.68
Total $2,787,845.35 $332,775.00 $0.00 $3,120,620.35

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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