*This property is part of the USC Adjacent Development Land Portfolio – May be purchased together or separately. 3014, 3018 and 3024 Royal are three contiguous lots that must be sold together.* Rare USC neighborhood development opportunity three contiguous parcels totaling approximately 21,695 SF zoned LAR3 with TOC Tier 3 incentives. Combined site offers by-right potential for up to 27units, with possible density up to 45 units using TOC bonuses (Buyer to verify). Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status). 3018 and 3024 Royal St. are vacant land currently used as parking. Prime location steps from USC Main Campus and USC Village, perfect for student housing or multifamily development. Large infill site with significant upside in a high-demand area. Buyer to independently verify all zoning and development potential.
Property Details
Price:
$2,200,000
MLS #:
25547177
Status:
Active
Baths:
0
Address:
3024 Royal Street 5123011005
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 2, 2025
State:
CA
ZIP:
90007
Lot Size:
7,234 sqft / 0.17 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
View
None
Financial
Map
Community
- Address3024 Royal Street 5123011005 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Similar Listings Nearby
- 3444 Hillcrest Drive 5046007017
Los Angeles, CA$2,695,000
3.53 miles away
- 1415 W Court Street 5160009029
Los Angeles, CA$2,650,000
3.03 miles away
- 1637 S VERMONT Avenue 5075016027
Los Angeles, CA$2,600,000
1.37 miles away
- 443 N Virgil Avenue 5539034008
Los Angeles, CA$2,600,000
3.71 miles away
- 920 S La Brea Avenue 5084004037
Los Angeles, CA$2,495,000
4.31 miles away
- 5353 W Pico Boulevard 5085033017
Los Angeles, CA$2,450,000
4.52 miles away
- 240 S Normandie Avenue 5518007013
Los Angeles, CA$2,399,000
3.26 miles away
- 900 N Alvarado Street 5404004026
Los Angeles, CA$2,350,000
3.57 miles away
- 8112 S Broadway 6031029016
Los Angeles, CA$2,350,000
4.15 miles away
- 907 W 17th Street 5135028007
Los Angeles, CA$2,340,000
0.99 miles away
Courtesy of Keller Williams Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.3024 Royal Street 5123011005
Los Angeles, CA
LIGHTBOX-IMAGES