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 RealtyKey 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.
Courtesy of Vista Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1167 W 29th Street 5055028025
Los Angeles, CA
Property Details
Price:
$1,975,000
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)
See this Listing
Schools
Interior
Exterior
Community Features
Biking, Curbs, Gutters, Street Lights
Lot Features
0-1 Unit/ Acre
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Sewer Connected, Water Connected
Map
Community
- Address1167 W 29th Street 5055028025 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Similar Listings Nearby
- 816 N Normandie Avenue 5538005015
Los Angeles, CA$2,549,000
4.00 miles away
- 5657 Lexington Avenue 5536004029
Los Angeles, CA$2,500,000
4.71 miles away
- 920 S La Brea Avenue 5084004037
Los Angeles, CA$2,495,000
3.96 miles away
- 5353 W Pico Boulevard 5085033017
Los Angeles, CA$2,450,000
4.19 miles away
- 1145 S Kingsley Drive 5080026009
Los Angeles, CA$2,400,000
1.76 miles away
- 1153 S Bronson Avenue 5081002018
Los Angeles, CA$2,300,000
2.68 miles away
- 109 W 14th Place 5133010002
Los Angeles, CA$2,300,000
1.49 miles away
- 6320 Crenshaw Boulevard 4006010012
Los Angeles, CA$2,275,000
4.10 miles away
- 339 N Virgil Avenue 5501002019
Los Angeles, CA$2,120,000
3.36 miles away
- 843 W 82nd Street 6032006020
Los Angeles, CA$2,000,000
4.43 miles away
LIGHTBOX-IMAGES
