3042 Royal Street, Los Angeles, CA 90007

  • $1,650,000
3042 Royal Street
ResidentialIncome Active
3042 Royal Street, Los Angeles, CA 90007
3042 Royal Street
  • $1,650,000

Overview

Property ID: HZ25547135
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1566
  • Sq Ft
  • 1906
  • Year Built

Description

*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 3042 Royal St., just steps from the USC Main Campus and USC Village. This vacant duplex sits on a 5,424 sq. ft. LAR3-zoned lot and currently includes two separate structures totaling approximately 1,566 sq. ft. of building area. The site offers flexible options, including the ability to build up to 6 units by right or up to 10 units with TOC Tier incentives (buyer to verify). Investors may also choose to rehab the existing duplex and add ADUs to maximize rental income. With strong year-round student demand and unmatched walkability to campus, dining, and retail, this property is located in one of Los Angeles’ most sought-after rental submarkets. Don’t miss your chance to capitalize on a prime infill asset in a proven income-generating location.

  • Address Royal
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90007

Details

Updated on June 10, 2025 at 2:08 pm
  • Property ID: HZ25547135
  • Price: $1,650,000
  • Property Size: 1566 Sq Ft
  • Land Area: 0.1245 SquareFeet
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 1906
  • Property Status: ResidentialIncome
  • Listed by: Michael R. Fukushima
  • DRE #: 01380445
  • Contact Mail: mfukushima@total-realtygroup.com
  • Brokered by: Keller Williams Los Angeles

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