Property listed by Keller Williams Los Angeles, Michael R. Fukushima 562-334-1500
$3,275,000
*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… Read More 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. Read Less
Listing Snapshot
Days Online
73
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,988
Lot Size
0.23 Acres
Year Built
1903
MLS Number
25547153
30 Days Snapshot Of 90007
$1.14M
+5%
(avg) sold price
2
0%
homes sold
38
-70%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1903, Building area total: 1,988, Levels: One, Living area: 1988, 1 story, 1 building
Cooling
None
Heating
None
Lot
0.2313 acres, 10,074 square feet, Size: 10,074
Parking
None
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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