*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
Price:
$3,275,000
MLS #:
25547153
Status:
Active
Baths:
0
Address:
3015 Shrine Place
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 2, 2025
State:
CA
ZIP:
90007
Lot Size:
10,074 sqft / 0.23 acres (approx)
Year Built:
1903
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- Address3015 Shrine Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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3015 Shrine Place
Los Angeles, CA
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