$2,980,000
Los Angeles, CA 90007
Los Angeles
County
Land
Property Type
Unbeatable investment opportunity in a high-demand student housing and residential corridor in Exposition Park! This prime parcel sits steps from the University of Southern California (USC), BMO Stadium, the Los Angeles Memorial Coliseum, Exposition Park, and the Metro E Line station. Located in a federally designated Opportunity Zone, offering tax incentives for qualified investors. Development opportunities for Multifamily & Student Housing. Density Bonus / TOC Incentives: Capitalize on City of Los Angeles density bonuses or Transit Oriented Communities (TOC) incentives (due to Metro E Line proximity) to potentially increase total unit count, floor-area ratio (FAR), and building height. Perfect for high-density student apartments or small-lot subdivision townhomes. Unmatched Location & Proximity: *USC Campus: ~2 blocks to the university campus, making this an ideal target for luxury student housing. *Sports & Entertainment: Walking distance to BMO Stadium (LAFC) and the LA Memorial Coliseum. *Culture & Recreation: Steps from Exposition Park, home to the California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. *Transit: Steps to the Metro E (Expo) Line for direct transit access to Downtown Los Angeles and Santa Monica. Buyer to conduct their own independent due diligence regarding lot dimensions, density bonuses, TOC incentives, and zoning allowances with the City of Los Angeles Department of Building and Safety (LADBS) and City Planning.
$15,861/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.