John Corrales

1167 W 29th Street

$2,000,000
FULLSCREEN GALLERY
Contact Agent
Contact Agent

Features

  • 8,708 Sq.Ft.

Description

Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USC's thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Don't miss this chance to build in one of Los Angeles' most dynamic and prestigious locations. Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.
Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-... read more

Location

1167 W 29th Street, Los Angeles, CA 90007 Show on Google Maps

Status

For Sale

1167 W 29th Street
About the agent

John Corrales

1167 W 29th Street
He was also the first agent hired who was not a broker at the time or did not have 10 years of experience.

Area & Lot

Status
For Sale
Lot Size
8,708 Sq.Ft.
MLS® ID
SB24246712
Type
Land
View Description
None

Exterior

Water Source
Public
Utilites
Sewer Connected, Water Connected
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer

Financial

Sales Price
$2,000,000
Zoning
LARD1.5