3042 Royal Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3042 Royal Street,Los Angeles, CA 90007
$1,395,000
  • 0.12 Acres
  • Lots / Land
  • Active
Listed by: adam shamooelian
Office: keller williams beverly hills
MLS#:CL26876337
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,395,000

About this home

We are pleased to present 3042 Royal St., an exceptional development opportunity in one of the most sought-after pockets of the USC student housing market, just steps from USC Village and the University of Southern California. Situated on a 5,424 SF lot with valuable alley access, the property offers a rare combination of location, zoning, and development flexibility. Located in an area where well-designed student housing can command premier rents, the property offers developers multiple potential paths to maximize the site. LAR3-zoned development sites are extremely rare within the USC student housing submarket, making the property particularly attractive for developers seeking density in a highly constrained location. The property allows for up to 6 units by right plus ADUs and is also located within a TOC Tier 3 designation, providing the potential for up to 12 TOC units plus ADUs, subject to buyer verification. Importantly, the property has been vacant for more than five years,...

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Home facts

  • Listing ID #:CL26876337
  • Added:14 day(s) ago
  • Updated:September 08, 2026 at 02:57 PM

Structure and exterior

  • Lot area:0.12 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$1,395,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 8, 2026

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