CA > Los Angeles
Los Angeles, CA 90007,3042 Royal St
Los Angeles, CA 90007,3042 Royal St
Los Angeles, CA 90007,3042 Royal St
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$1,650,000
Est. payment /mo
3 Beds
2 Baths
1,566 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,566 sqft

Price per Sqft $1,053

MLS Listing ID 25547135

Style A-Frame

Bedrooms 3

Year Built 1906

Lot Size 5,424 Sqft

Acres 0.1245

Property Sub-Type Multi-Family

Property Description

*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 3042 Royal St., just steps from the USC Main Campus and USC Village. This vacant duplex sits on a 5,424 sq. ft. LAR3-zoned lot and currently includes two separate structures totaling approximately 1,566 sq. ft. of building area. The site offers flexible options, including the ability to build up to 6 units by right or up to 10 units with TOC Tier incentives (buyer to verify). Investors may also choose to rehab the existing duplex and add ADUs to maximize rental income. With strong year-round student demand and unmatched walkability to campus, dining, and retail, this property is located in one of Los Angeles' most sought-after rental submarkets. Don't miss your chance to capitalize on a prime infill asset in a proven income-generating location.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Building

Architectural Style A-Frame

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Los Angeles

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Kirshner Elkin Properties

+1(424) 214-0133

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