$1,975,000
bedrooms
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Acreage
0.19990817263544536
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?? 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 environmental review under CEQA
Walking distance to public transit, dining, and cultural hot spots
One of the last large vacant lots near USC
Ideal site to develop purpose-built, high-yield rental housing
Rated one of the safest area that’s close to USC
?? Know Before You Build
Property is located within the North University Park HPOZ — all exterior work and demolition require Historic Preservation review
Located in the NSO Overlay — units with 5 or more habitable rooms will require a Conditional Use Permit (CUP)
Buyer to verify all development entitlements, zoning conditions, and HPOZ compliance
Sold as-is
?? Don’t Wait — This Lot Won’t Last
Seize this rare opportunity to build in one of L.A.’s most prestigious and high-growth neighborhoods. Design your next standout project near USC — where demand, walkability, and long-term return intersect.
?? Schedule your walk-through or consultation today.
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: SB24246712
Listing agent:
John Corrales
#01263687
Listing broker:
Vista Sotheby'S International Realty
(310) 541-8271
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, April 22 2025 at 5:23 p.m. EDT
Kotohomes National
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