*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 3015 Shrine Place, just one block from USC and USC Village. This oversized 10,071 sq. ft. LAR3-zoned lot features two vacant buildings with three units on title, totaling approximately 1,988 sq. ft. of existing structure. Located in a TOC Tier 3 zone, the property allows for by-right construction of up to 12 units or potentially up to 20 units with TOC bonuses (buyer to verify). Rear alley access provides added design and parking flexibility, an uncommon feature in the area. Investors can choose to redevelop or renovate the existing buildings, add ADUs, and capitalize on strong demand in one of LA's most competitive student housing markets. Delivered vacant with no tenant relocation required, this site is a rare infill gem with substantial upside potential.
For sale
$3,275,000
3015 Shrine Pl, Los Angeles, CA 90007
3beds
3baths
1,988sqft
Est.:
Multi Family
Built in 1903
-- sqft lot
$3,176,700 Zestimate®
$1,647/sqft
$-- HOA
What's special
Rear alley access
- 62 days
- on Zillow |
- 52 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 05:06pm
Listed by:
Michael R. Fukushima DRE # 01380445 818-321-6490,
Keller Williams Los Angeles 562-334-1500,
Stephen F. Watson DRE # 01187813 213-446-3636,
Keller Williams Los Angeles
Source: CLAW,MLS#: 25547153

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- None
Cooling
- None
Interior area
- Total structure area: 1,988
- Total interior livable area: 1,988 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
Lot
- Size: 10,075.43 Square Feet
Details
- Additional structures: None
- Parcel number: 5123011021
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Multi Family
Condition
- Year built: 1903
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,647/sqft
- Tax assessed value: $264,015
- Annual tax amount: $3,650
- Date on market: 6/3/2025
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