Description
We are pleased to offer for sale this 6,900 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and less than two blocks to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing triplex currently on the lot that will be delivered vacant upon the close of escrow. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
