3042 Royal Street, Los Angeles, CA 90007

Local realty services provided by:ERA Carlile Realty Group
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, stephen f. watson
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:171 day(s) ago
  • Updated:November 21, 2025 at 11:48 AM

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
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