CA > Los Angeles
Los Angeles, CA 90007,3042 Royal ST
Los Angeles, CA 90007,3042 Royal ST
Los Angeles, CA 90007,3042 Royal ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$1,650,000
Est. payment /mo
3 Beds
2 Baths
1,566 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,566 sqft

Price per Sqft $1,053

MLS Listing ID 25547135

Bedrooms 3

HOA Y/N No

Year Built 1906

Lot Size 5,423 Sqft

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 3042 Royal St., just steps from the USC Main Campus and USC Village. This vacant duplex sits on a 5,424 sq. ft. LAR3-zoned lot and currently includes two separate structures totaling approximately 1,566 sq. ft. of building area. The site offers flexible options, including the ability to build up to 6 units by right or up to 10 units with TOC Tier incentives (buyer to verify). Investors may also choose to rehab the existing duplex and add ADUs to maximize rental income. With strong year-round student demand and unmatched walkability to campus, dining, and retail, this property is located in one of Los Angeles' most sought-after rental submarkets. Don't miss your chance to capitalize on a prime infill asset in a proven income-generating location.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5123011009

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Michael R. Fukushima Keller Williams Los Angeles
Diego Magdaleno

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