3014 Royal St - Residential LAND FOR SALE


Los Angeles, CA 90007- West Adams21,693 SF
$6,500,000 USD
818-321-6490
3014 Royal St, Los Angeles, CA for Sale
$6,500,000 USD
Residential LAND - FOR SALE
1/6
21,693 SF

3014 Royal St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Within walking distance to USC Village and campus!
  • Within Department of Public Safety Patrol Zone and Campus Ride Share Program!
  • Prime Development Opportunity Near USC – Three Contiguous Parcels!
  • Zoned LAR3!
  • TOC Tier 3 designation allows for significant development incentives!
  • 21,695 SF Lot!

OVERVIEW

*This property is part of the USC Adjacent Development Land Portfolio - May be purchased together or separately. 3014, 3018 and 3024 Royal are three contiguous lots that must be sold together.* Rare USC neighborhood development opportunity three contiguous parcels totaling approximately 21,695 SF zoned LAR3 with TOC Tier 3 incentives. Combined site offers by-right potential for up to 27 units, with possible density up to 45 units using TOC bonuses (Buyer to verify). Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status). 3018 and 3024 Royal St. are vacant land currently used as parking. Prime location steps from USC Main Campus and USC Village, perfect for student housing or multifamily development. Large infill site with significant upside in a high-demand area. Buyer to independently verify all zoning and development potential.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/ACRE

$13,050,933/AC

PRICE/SF

$300 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3014-3024 Royal - USC Adjacent Vacant Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Dorms

LAND ACRES

0.5 AC

LAND SF

21,695 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAR3

APN/PARCEL ID

5123-011-003,5123-011-004,5123-011-005

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.