3042 Royal ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,566 sqft
Price per Sqft $1,053
MLS Listing ID 25547135
Bedrooms 3
HOA Y/N No
Year Built 1906
Lot Size 5,423 Sqft
Property 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5123011009
Special Listing Condition Standard