*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
Courtesy of Keller Williams Los Angeles 562-334-1500
Listing Snapshot
Days Online
63
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,988
Lot Size
0.23 Acres
Year Built
1903
MLS Number
25547153
Additional Details
Appliances & Equipment
None
Building
1,988 sq ft, Built in 1903, Levels: One, A-Frame
Cooling
None
Disclosures
As Is
Garage
None
Heating
None
Lot
LotAcreage: 0.2313, LotSizeArea: 10,074
Parking
TotalParking: 0
Property
NumberOfUnits: 1, Zoning: LAR3
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