3018 Royal Street
Los Angeles, CA 90007
0.17 acres | #25547173
Description
*This property is part of the USC Adjacent Development Land Portfolio - May be purchased together or separately. 3014, 3018 and 3024 Royal are three contiguous lots that must be sold together.* Rare USC neighborhood development opportunity three contiguous parcels totaling approximately 21,695 SF zoned LAR3 with TOC Tier 3 incentives. Combined site offers by-right potential for up to 27units, with possible density up to 45 units using TOC bonuses (Buyer to verify). Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status). 3018 and 3024 Royal St. are vacant land currently used as parking. Prime location steps from USC Main Campus and USC Village, perfect for student housing or multifamily development. Large infill site with significant upside in a high-demand area. Buyer to independently verify all zoning and development potential.
Property Details
- CountyLos Angeles
- Original List Price$2,200,000
- Property TypePurchase
- MLS #25547173
- MLS #25547173
- Cost2200000
- Acres0.1661
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Michael R. Fukushima (#CLW-X88678)
Listing Office: Keller Williams Los Angeles (#CLW-X81596)
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