CA > Los Angeles
Los Angeles, CA 90007,1167 W 29th St
Los Angeles, CA 90007,1167 W 29th St
Los Angeles, CA 90007,1167 W 29th St
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$1,825,000
Est. payment /mo
2 Beds
1 Bath
1,260 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $1,448

MLS Listing ID 25566687

Bedrooms 2

Year Built 1915

Lot Size 8,708 Sqft

Acres 0.1999

Property Sub-Type Multi-Family

Property Description

Exceptional development opportunity just one block from USC in one of Los Angeles' most vibrant and fast-growing neighborhoods. This oversized 8,700 sq ft lot is zoned RD1.5-1-O and offers the potential to build up to five units by-right or up to nine units with a TOC Tier 3 bonus (buyer to confirm). With no on-site parking required under TOC, generous setbacks, and a max height allowance of 45 feet, this site is ideal for sleek student housing or modern long-term rentals in a high-demand, location. Situated on a quiet residential street surrounded by newer multi-family developments, the property is just moments from USC's campus, cultural landmarks, public transit, and retail favorites like Target and Trader Joe's. Located in a Transit Priority Area (TPA) and one of the safest residential pockets near USC, it offers consistent year-round rental demand from students and graduate programs. This property falls within the North University Park HPOZ and NSO Overlay, so buyers should verify development entitlements, CUP requirements for room count, and historic preservation guidelines. With very few large vacant lots remaining near USC, this is a rare chance to create a high-yield project in one of L.A.'s most prestigious and opportunity-rich neighborhoods. Don't miss out.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 2.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Nelson Shelton & Associates

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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