3015 Shrine Place Active

Los Angeles,CA 90007

$ 3275000

0 Bed

0 Bath

1988 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,988 sqft

Price per Sqft $1,647

MLS Listing ID CL25547153

HOA Y/N No

Year Built 1903

Lot Size 10,074 Sqft

Acres 0.23

Property Sub-Type OTHER

Property Description

*This property is part of the USC Adjacent development Land Portfolio - May be purchased together or separately.* Exceptional development or value-add opportunity located at 3015 Shrine Place, just one block from USC and USC Village. This oversized 10,071 sq. ft. LAR3-zoned lot features two vacant buildings with three units on title, totaling approximately 1,988 sq. ft. of existing structure. Located in a TOC Tier 3 zone, the property allows for by-right construction of up to 12 units or potentially up to 20 units with TOC bonuses (buyer to verify). Rear alley access provides added design and parking flexibility, an uncommon feature in the area. Investors can choose to redevelop or renovate the existing buildings, add ADUs, and capitalize on strong demand in one of LA's most competitive student housing markets. Delivered vacant with no tenant relocation required, this site is a rare infill gem with substantial upside potential.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating None

Cooling No Air Conditioning

Fireplace No

Building

New Construction No

Others

Tax ID 5123011021

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