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Ready-to-Build Student Housing approx 0.5 mile from USC. Exceptional development opportunity in the heart of University Park "” just steps from USC's main campus. Fully permitted and engineered for two separate 3-story wood-frame buildings, this site is ready for immediate construction. Ideal for developers, builders, or 1031-exchange buyers looking for turnkey student rental income. Highlights "¢ Prime Location: walking distance to campus, dining, and transit. "¢ Fully Approved Plans: Includes architectural, structural, permit-ready under LABC 2023 standards. No entitlement delays. "¢ Maximized Rental Yield: Two detached buildings with ideal floor plans for co-living or roommate configurations. "¢ Code-Compliant & Safe: Complete fire sprinkler system, seismic and wind-load engineering, modern drainage and LID plan. "¢ Sustainable Site Design: Features permeable paving, artificial grass, energy-efficient light fixtures, and city-approved stormwater mitigation. "¢ Investor-Ready Returns: Strong cap-rate area fueled by USC student demand. Options to refinance, hold, or sell as rentals or condos.
Property Type(s):
Single Family
| Last Updated | 6/13/2025 | Year Built | 2025 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C34 - Los Angeles Southwest |
| GARAGE | Attached Garage, Yes |
| INTERIOR | Master Downstairs |
| LOT | 6843 sq ft |
| PARKING | Attached |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Three Or More |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Spectrum Realty
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.
This IDX solution is (c) Diverse Solutions 2025.
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