Los Angeles, CA90037
| 2828 sqft | MLS# 25574067
Tract:
For Sale $1,300,000
Description
Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
Facts
| Built in 1923 | Lot Size: 11061.00 sqft | HOA Dues: $0/month
Features
Ceiling Fan(s)
Listing provided by Justin Borges, eXp Realty of Greater Los Angeles
Based on information from California Regional Multiple Listing Service, Inc. as of August 4, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
