Active
1167 W 29th Street
Los Angeles CA, 90007
$2,000,000
$229.68 per sqft
Active
0.2 Acres
Land
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 USCs 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. Dont 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.
SB24246712
MLSⓇ ID
December 9, 2024
Listed
December 12, 2024
Updated
Map
1167 W 29th Street
Los Angeles CA, 90007
Exterior/Building Features
Lot Size
0.2 Acres
Lot Features
Curbs
Other Property Details
Days on Market
3
Garage
No
View
No
County
Los Angeles
Pool
No
Listed by Vista Sotheby’s International Realty, John Corrales,
Listing Contact: 310-346-3332
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Data last updated 7:18 AM UTC, 12/12/2024