Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
For sale
$1,300,000
1215 W 39th Pl, Los Angeles, CA 90037
4beds
2,828sqft
Est.:
Residential, Single Family Residence
Built in 1923
0.25 Acres Lot
$1,278,200 Zestimate®
$460/sqft
$-- HOA
What's special
- 49 days |
- 140 |
- 4 |
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