* 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 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. Schedule a Private Showing

Listed By CRMLS_CA / John Corrales / Vista Sotheby’s International Realty / 310-346-3332

Last checked: Checking… • Last updated May 5, 2025 • Source: CRMLS_CA

MLS# SB24246712 — Report a problem

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