3015 Shrine Place
Los Angeles, CA 90007
1988 sqft | 3 beds | 0.23 acres | #25547153
Description
*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 3015 Shrine Place, just one block from USC and USC Village. This oversized 10,071 sq. ft. LAR3-zoned lot features two vacant buildings with three units on title, totaling approximately 1,988 sq. ft. of existing structure. Located in a TOC Tier 3 zone, the property allows for by-right construction of up to 12 units or potentially up to 20 units with TOC bonuses (buyer to verify). Rear alley access provides added design and parking flexibility, an uncommon feature in the area. Investors can choose to redevelop or renovate the existing buildings, add ADUs, and capitalize on strong demand in one of LA's most competitive student housing markets. Delivered vacant with no tenant relocation required, this site is a rare infill gem with substantial upside potential.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$3,275,000
- MLS #25547153
- MLS #25547153
- Cost3275000
- Acres0.2313
- Square Feet1988
- Year Built1903
- Bedrooms3
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Michael R. Fukushima (#CLW-X88678)
Listing Office: Keller Williams Los Angeles (#CLW-X81596)
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