3042 Royal Street, Los Angeles, CA 90007

Local realty services provided by:ERA North Orange County Real Estate
3042 Royal Street,Los Angeles, CA 90007
$1,650,000
  • 3 Beds
  • 2 Baths
  • 1,566 sq. ft.
  • Multi-family
  • Active
Listed by:michael r. fukushima
Office:keller williams los angeles
MLS#:25547135
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$1,053.64

About this home

*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.

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Home facts

  • Year built:1906
  • Listing Id #:25547135
  • Added:79 day(s) ago
  • Updated:August 21, 2025 at 01:30 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Living area:1,566 sq. ft.

Structure and exterior

  • Year built:1906
  • Building area:1,566 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$1,053.64
Based on information from California Regional Multiple Listing Service, Inc. as of August 21, 2025 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.