Property Detail
Description
Exceptional development opportunity just one block from USC in one of Los Angeles' most vibrant and fast-growing neighborhoods. This oversized 8,700 sq ft lot is zoned RD1.5-1-O and offers the potential to build up to five units by-right or up to nine units with a TOC Tier 3 bonus (buyer to confirm). With no on-site parking required under TOC, generous setbacks, and a max height allowance of 45 feet, this site is ideal for sleek student housing or modern long-term rentals in a high-demand, location. Situated on a quiet residential street surrounded by newer multi-family developments, the property is just moments from USC's campus, cultural landmarks, public transit, and retail favorites like Target and Trader Joe's. Located in a Transit Priority Area (TPA) and one of the safest residential pockets near USC, it offers consistent year-round rental demand from students and graduate programs. This property falls within the North University Park HPOZ and NSO Overlay, so buyers should verify development entitlements, CUP requirements for room count, and historic preservation guidelines. With very few large vacant lots remaining near USC, this is a rare chance to create a high-yield project in one of L.A.'s most prestigious and opportunity-rich neighborhoods. Don't miss out.
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Listing provided courtesy of Victoria Aguilar of Nelson Shelton & Associates. Last updated 2025-07-25 08:11:19.000000. 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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