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    836--842 W 42nd Place

    Los Angeles (City), CA 90037
    • $2,500,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 20603850
    $2,500,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    The subject site offers a developer a rare opportunity to purchase a ready to issue (RTI) 31 unit development site located within one mile of the University of Southern California campus. The development is unique in the sense that the majority of the units are large 4 and 5 bedroom units, making it ideal for student housing, co-living, section 8 housing, or standard leasing. The property sits mid-block in a TOC Tier 3 zone and is surrounded by multiple Metro stops. A developer could benefit tremendously by building in this location, given the relative lack of competition from other new development projects in the immediate submarket.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T00:28:53.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

    www.tolivebythesea.com/homes/107833575
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    836--842 W 42nd Place Los Angeles (City), CA 90037

    • Price: $2,500,000
    • Status: Active
    • ID#: 20603850
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    The subject site offers a developer a rare opportunity to purchase a ready to issue (RTI) 31 unit development site located within one mile of the University of Southern California campus. The development is unique in the sense that the majority of the units are large 4 and 5 bedroom units, making it ideal for student housing, co-living, section 8 housing, or standard leasing. The property sits mid-block in a TOC Tier 3 zone and is surrounded by multiple Metro stops. A developer could benefit tremendously by building in this location, given the relative lack of competition from other new development projects in the immediate submarket.
    Exterior Features

    Lot Size Units Square Feet View None View YN No

    Property Features

    Country Us Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Oron Maher of California Real Property, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T00:28:53.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
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