3042 Royal Street, Los Angeles, CA 90007 (MLS # 25547135)

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PRICE $1,650,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,566 sqft
LOT SIZE 5,424 sqft
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*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.

DAYS ON MARKET 47 LAST UPDATED 6/2/2025
YEAR BUILT 1906 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA C42 - Downtown L.A.
HEAT None
LOT 5423 sq ft
PARKING None
STORIES 1
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Listed with Keller Williams Los Angeles

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