1120 Cornwell St, Los Angeles, CA 90033

We are pleased to present for sale an R3 TOC (Tier 2) development opportunity located just ONE BLOCK from the LA-USC Medical Center and USC Health Sciences Campus. Current improvements are a duplex currently occupied by owner. Due to its excellent location near the medical center this is a prime development opportunity for investors to capture strong rents and high demand from students and healthcare professionals. Lot is also located within the new economic opportunity zone! Lot size is 7500 sqft, meaning a developer can build 9 units by right or up to 16 units utilizing the new TOC regulations (At 16 units, the price per door is under $47,000/door!!!!). New TOC also provides for reduced parking and setback requirements (buyer to verify all zoning and TOC regulations with LADBS). Don't miss this fantastic development opportunity to build in a strong rental demand area of Los Angeles! Duplex to be sold AS-IS.