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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
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County Los Angeles
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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
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