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1167 W 29th Street, Los Angeles, CA 90007

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For Sale

$1,975,000

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APR for 30 years

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Explore this Property

?? Premium USC Development Lot Build Up to 9 Units Near Campus Bring your vision to life on this prime multi-family lot just one block from the University of Southern California (USC) one of L.A. s most vibrant and fast-growing neighborhoods. Whether you re looking to develop sleek student housing or modern long-term rentals, this property is a rare opportunity to create something exceptional in a high-demand, walkable location. ?? Property Highlights Oversized 60 ft x 145 ft lot (8,700 sq ft) Zoned RD1.5-1-O (multi-family residential) Build up to 5 dwelling units by-right, and up to 9 units with TOC Tier 3 bonus Room limit of 4 habitable rooms per unit to avoid CUP (Conditional Use Permit) under the NSO overlay Setbacks: 15 ft front and 15 ft rear (typical) Max building height: 45 feet / 3 stories No on-site parking required with TOC bonus Quiet residential street surrounded by modern multi-unit developments Just blocks from USC s campus, libraries, and cultural venues 1 Block from Target / Trader Joes ?? Why It Stands Out USC is a top global university, ranked #1 in Film, and highly regarded in Business and Real Estate Year-round rental demand from USC students and graduate programs Located in a Transit Priority Area (TPA) streamlining environmental review under CEQA Walking distance to public transit, dining, and cultural hot spots One of the last large vacant lots near USC Ideal site to develop purpose-built, high-yield rental housing Rated one of the safest area that s close to USC ?? Know Before You Build Property is located within the North University Park HPOZ all exterior work and demolition require Historic Preservation review Located in the NSO Overlay units with 5 or more habitable rooms will require a Conditional Use Permit (CUP) Buyer to verify all development entitlements, zoning conditions, and HPOZ compliance Sold as-is ?? Don t Wait This Lot Won t Last Seize this rare opportunity to build in one of L.A. s most prestigious and high-growth neighborhoods. Design your next standout project near USC where demand, walkability, and long-term return intersect. ?? Schedule your walk-through or consultation today.
MLS# SB24246712

Courtesy Of Vista Sotheby's International Realty

(310) 541-8271

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