Rare development opportunity just minutes from USC! This property with alley access is zoned RD1.5 and designated Tier 3 TOC, offering the potential for up to 6 residential units, subject to buyer verification and City of Los Angeles approvals. Located in an area experiencing significant redevelopment, with multiple new residential projects already completed or underway on the street and surrounding neighborhood. The existing 2-bedroom, 1-bath home sits on an approximately 5,229 SF lot and offers developers an opportunity to capitalize on the area’s continued transformation. Ideally located near USC, Downtown Los Angeles, major employment centers, transit and amenities. Developers and investors—bring your vision! Buyer to independently verify zoning, allowable density, unit count, development standards and all development potential with the City of Los Angeles.
Location
Financial Information
List Price:$ 699000
Property Features
Community Features:Urban
Heating:Central
High School District:Los Angeles Unified
Laundry Features:Outside
Levels:One
Lot Features:Yard
Senior Community YN:false
Structure Type:House
Water Source:Public
High School District:Los Angeles Unified
Senior Community YN:false
MLS Area Major:699 - Not Defined
City:Los Angeles
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Listed By:
Marc Bustamante
TOP PRODUCERS REALTY PARTNERS
CA Lic#
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