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Exceptional development opportunity just one block from USC in one of Los Angeles' most vibrant and fast-growing neighborhoods. This oversized 8,700 sq ft lot is zoned RD1.5-1-O and offers the potential to build up to five units by-right or up to nine units with a TOC Tier 3 bonus (buyer to confirm). With no on-site parking required under TOC, generous setbacks, and a max height allowance of 45 feet, this site is ideal for sleek student housing or modern long-term rentals in a high-demand, location. Situated on a quiet residential street surrounded by newer multi-family developments, the property is just moments from USC's campus, cultural landmarks, public transit, and retail favorites like Target and Trader Joe's. Located in a Transit Priority Area (TPA) and one of the safest residential pockets near USC, it offers consistent year-round rental demand from students and graduate programs. This property falls within the North University Park HPOZ and NSO Overlay, so buyers should verify development entitlements, CUP requirements for room count, and historic preservation guidelines. With very few large vacant lots remaining near USC, this is a rare chance to create a high-yield project in one of L.A.'s most prestigious and opportunity-rich neighborhoods. Don't miss out.
Property Type(s):
Residential Income
| Last Updated | 7/18/2025 | Year Built | 1915 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C16 - Mid Los Angeles |
| HEAT | None |
| LOT | 8708 sq ft |
| LOT DIMENSIONS | 60x145 |
| PARKING | None |
| STORIES | 1 |
Location
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Listed with Nelson Shelton & Associates
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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