1167 W 29th Street, Los Angeles, CA 90007

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 … read more …