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$ 1,975,000
Est. payment | /mo
8,708 Sqft Lot
$ 1,975,000
Est. payment | /mo
8,708 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24246712
HOA Y/N No
Lot Size 8,708 Sqft
Acres 0.1999
Property Sub-Type Lots/Land
Property Description
* 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 youre 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 USCs 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 thats close to USC * KNOW BEFORE YOU BUILD: Property is located within the North University
* 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 youre 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 USCs 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 thats 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.
* 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 youre 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 USCs 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 thats 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.
Location
State CA
County Los Angeles
Area Los Angeles (90007)
Building
Lot Description Curbs
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Conventional
Listing Terms Conventional
Listed by John Corrales • Vista Sotheby’s International Realty
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Coronado Premier Properties
Broker Associate | Lic# 01976606
info@coronadopremierproperties.com
503-B Grand Caribe Causeway, Coronado, CA, 92118