3042 Royal Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA Excel Realty
3042 Royal Street,Los Angeles, CA 90007
$1,395,000
  • 0.12 Acres
  • Lots / Land
  • Active
Listed by: adam shamooelian
Office: keller williams beverly hills310-432-6400
MLS#:26876337
Source:CRMLS

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 #:26876337
  • Added:64 day(s) ago
  • Updated:October 28, 2026 at 12:01 PM

Structure and exterior

  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$1,395,000
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