*This property is part of the USC Adjacent development Land Portfolio - May be purchased together or separately.* Exceptional Development or value-add opportunity located at 3042 Royal St., just steps from the USC Main Campus and USC Village. This vacant duplex sits on a 5,424 sq. ft. LAR3-zoned lot and… Read More currently includes two separate structures totaling approximately 1,566 sq. ft. of building area. The site offers flexible options, including the ability to build up to 6 units by right or up to 10 units with TOC Tier incentives (buyer to verify). Investors may also choose to rehab the existing duplex and add ADUs to maximize rental income. With strong year-round student demand and unmatched walkability to campus, dining, and retail, this property is located in one of Los Angeles' most sought-after rental submarkets. Don't miss your chance to capitalize on a prime infill asset in a proven income-generating location. Read Less
Property listed by Keller Williams Los Angeles, Michael R. Fukushima 562-334-1500
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,566
Lot Size
0.12 Acres
Year Built
1906
MLS Number
25547135
30 Days Snapshot Of 90007
$503k
0%
(avg) sold price
85
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1906, Building area total: 1,566, Levels: One, Living area: 1566, 1 story, 1 building
Cooling
None
Heating
None
Lot
0.1245 acres, 5,424 square feet, Size: 5,424
Parking
None
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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