*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 10,074 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. Per Zimas zoning information, LAR3-1-O, ZI-2374 State Enterprise Zone: Los Angeles, ZI-2397 Neighborhood Stabilization Ordinance: North University Park-Exposition Park-West Adams, ZI-2452 Transit Priority Area in the City of Los Angeles, ZI-2488 Redevelopment Project Area: Exposition/University Park.