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.
MLS #
CRSB24246712
MLS Source
California Regional MLS
Days on Site
12
HOA Fee
$0
Zoning
D0
1167 W 29th Street is in Los Angeles, CA 90007. This Land is currently priced at $2,000,000.
This address can also be written as 1167 W 29th Street, Los Angeles, CA 90007.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 12, 2024. For the most current information, please contact John Corrales, (310) 346-3332