Property Detail
Description
*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 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.
Map Location
Listing provided courtesy of Michael R. Fukushima of Keller Williams Los Angeles. Last updated 2025-11-12 09:11:24.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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