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$ 3,275,000
Est. payment | /mo
1,988 SqFt
$ 3,275,000
Est. payment | /mo
1,988 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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Listed by Michael R. Fukushima • Keller Williams Los Angeles
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447