1146 W 35th Street presents a rare opportunity to acquire a near-RTI, fully entitled development site located just blocks from the University of Southern California (USC). The project is approved under TOC Tier 3 incentives for a 15-unit apartment building configured as a high-bed-count (~39–40 beds) student housing development. Entitlements are well advanced, with CEQA exemption granted, LAHD covenant drafted, and LADWP power approved with fees pending. The site is vacant and cleared, allowing a developer to step into a substantially de-risked project with remaining steps largely administrative. Positioned in one of Los Angeles’ strongest student housing markets, the project offers the ability to maximize rental income per bed while benefiting from consistent demand driven by USC’s growing student population. This is a rare opportunity to acquire a high-density, near shovel-ready development in a premier infill location.