Description
Bring the bulldozer. prime development opportunity near the university of southern california (usc)! this 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to usc’s thriving student population. located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with usc consistently ranked among the top institutions in the world, including #1 in film and highly ranked in business and real estate. the area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. with limited new developments serving usc students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. don’t miss this chance to build in one of los angeles’ most dynamic and prestigious locations.
key features: lot size: 60 ft x 145 ft, zoned for multi-family development, potential for 16 two-bedroom, two-bath units, walking distance to usc campus, high rental demand in the area. this is a rare opportunity to invest in a property that combines tradition, innovation, and strong roi potential.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47977264
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1999
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8708
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Listing Information
Listing Price Information
- Original List Price: 2,000,000
- Listing Contract Date: 2024-12-09
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5055028025
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Directions: Vermont and 29th Street are the cross streets
- Zoning: LARD1.5
- Source Property Type: Land
- Area: C42 - Downtown L.A.
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/23/2024 @ 20:16
- MLS: SB24246712
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 8,708 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90007, this Los Angeles County Land are nearby neighborhoods.