1167 W 29th Street
Los Angeles, CA 90007
0.20 acres | #SB24246712
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.
Property Details
- Utility FeaturesSewerConnected, WaterConnected
- Lot DescriptionZeroToOneUnitAcre
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,000,000
- MLS #SB24246712
- MLS #SB24246712
- Property TypePurchase
- Cost2000000
- Acres0.1999
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: John Corrales (#SCORRJOH)
Listing Office: Vista Sotheby’s International Realty (#S5267)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
