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$3,300,000
Est. payment /mo
8,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,200 sqft
Price per Sqft $402
MLS Listing ID CL25546611
HOA Y/N No
Year Built 1940
Lot Size 0.298 Acres
Acres 0.3
Property Sub-Type Other
Property Description
Builder's Dream Near USC | Rare Double Lot Development Opportunity! Attention builders and visionary developers. Just 0.6 miles from USC and minutes from LA's most iconic cultural and sports landmarks, this rare double-lot property presents a golden chance to build something bold, profitable, and lasting in the heart of a rapidly transforming urban corridor. Situated on approximately 13,000 square feet of land across two contiguous parcels, this gated compound offers tremendous potential for ground-up development. With existing improvements totaling approximately 8,200 square feet, including two income-producing residential structures and one vacant commercial building. But the real value is in the land and the location--ripe for a new multi-unit residential, mixed-use, or live/work development that will benefit from booming demand and soaring rental values in the years ahead. This stretch of Jefferson Boulevard is already buzzing with growth, and the 2028 Summer Olympics will bring even more infrastructure, attention, and long-term upside to the area. Imagine a sleek new project--modern housing, creative space, student housing, or retail/residential, just steps from USC, Exposition Park, BMO Stadium, LA LIVE, Downtown LA, the Fashion District, and countless other LA landmarks. T
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5040003017
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Listed by Jacob Sang Lee • Dream Realty & Investments Inc
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