1167 W 29th Street
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 8,708 sqft lot
- – on site
Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USC’s thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Don’t miss this chance to build in one of Los Angeles’ most dynamic and prestigious locations. Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.
Last checked:
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Last updated Dec 15, 2024
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MLS# SB24246712 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Vermont and 29th Street are the cross streets
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Latitude:34.02866700
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Longitude:-118.28574800
The Property
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Property Type:Land
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Zoning:LARD1.5
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Lot Features:0-1 Unit/Acre
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Lot Size Area:8708.0000
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Lot Size Acres:0.1999
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Lot Size SqFt:8708.00
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View:None
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Road Surface Type:Paved
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5055028025
Utilities
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Utilities:Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Neighborhood:University Park
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Features:Biking, Curbs, Gutters, Street Lights
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Association:No
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Senior Community:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Listed / Active | CRMLS_CA | $2,000,000 |
