Description
We are pleased to present the opportunity to acquire this rare 6,951 SF lot Student Housing development opportunity located in the highly desirable DPS Patrol Zone, and less than one block to the University of Southern California (USC). The site offers a zoning ordinance of LARD-2, which allows for the construction of 3 units by right. With a Tier 4 TOC (80% density bonus), this allows for the development of an additional 2 units, totaling a potential 5 buildable units. There is a 5-bedroom + 2-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. The property's prime rare location, within blocks to campus & University Village, provides convenient access to USC's landmarks, academic buildings, and entertainment options, making it an exceptional development opportunity.
