1167 W 29th Street 5055028025
Los Angeles, CA, 90007
$2,000,000
Beds
0 Baths
SqFt
0.2 Acres
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Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USC’s thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Don’t miss this chance to build in one of Los Angeles’ most dynamic and prestigious locations.
Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.
LISTING AGENT: John Corrales
LISTING BROKERAGE: Vista Sotheby’s International Realty
1167 W 29th Street 5055028025
Los Angeles, CA

Property Details

Price:
$2,000,000
MLS #:
SB24246712
Status:
Active
Baths:
0
Address:
1167 W 29th Street 5055028025
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Dec 9, 2024
State:
CA
ZIP:
90007
Lot Size:
8,708 sqft / 0.20 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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