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Listed by John Corrales • Vista Sotheby's International Realty
$1,975,000
Est. payment /mo
8,708 Sqft Lot
Price Dropped by $25K
1167 W 29th ST Los Angeles, CA 90007
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Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24246712
Originating Board California Regional MLS
Lot Size 8,708 Sqft
Property Sub-Type Other Residential Land
Property Description
* PREMIUM USC DEVELOPMENT LOT - BUILD UP TO 9 UNITS NEAR CAMPUS: Bring your vision to life on this prime multi-family lot just one block from the University of Southern California (USC) - one of L.A.'s most vibrant and fast-growing neighborhoods. Whether you're looking to develop sleek student housing or modern long-term rentals, this property is a rare opportunity to create something exceptional in a high-demand, walkable location. * PROPERTY HIGHLIGHTS: Oversized 60 ft x 145 ft lot (8,700 sq ft), Zoned RD1.5-1-O (multi-family residential), Build up to 5 dwelling units by-right, and up to 9 units with TOC Tier 3 bonus, Room limit of 4 habitable rooms per unit to avoid CUP (Conditional Use Permit) under the NSO overlay, Setbacks: 15 ft front and 15 ft rear (typical), Max building height: 45 feet / 3 stories, No on-site parking required with TOC bonus, Quiet residential street surrounded by modern multi-unit developments, Just blocks from USC's campus, libraries, and cultural venues, 1 Block from Target / Trader Joes * WHY IT STANDS OUT: USC is a top global university, ranked #1 in Film, and highly regarded in Business and Real Estate, Year-round rental demand from USC students and graduate programs, Located in a Transit Priority Area (TPA) - streamlining env
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning D0
Exterior
View None
Building
Water District - Public
Others
Tax ID 5055028025
Special Listing Condition Not Applicable
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