Keller Williams Hollywood Hills - Josana Joseph
1/5
Listed By: Vista Sotheby’s International Realty, 310-346-3332, John Corrales
Local Realty Services Provided By: Keller Williams Realty Los Feliz
Overview
What It'll Cost
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$2,000,000
1167 W 29th Street, Los Angeles, CA 90007
.2 ac
$2,000,000

1167 W 29th Street, Los Angeles, CA 90007

Estimation provided by Keller Williams Realty Inc.
.2 ac
Active
For Sale

Property Description

Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USC’s thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Don’t miss this chance to build in one of Los Angeles’ most dynamic and prestigious locations.

Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.

Property Details

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Overview
Property Type
Land
Days on Site
108 Days
Parking
No
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $2,000,000
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Price & Tax History

Date
Event
Price
12/09/2024
Listed
$2,000,000
$10,005,003/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$1,760
(+4.03%)
$123,194
Land 99,580 + Additions 23,614
2022
$1,692
(+1.76%)
$118,412
Land 95,714 + Additions 22,698
2021
$1,663
(+2.72%)
$118,412
Land 95,714 + Additions 22,698
2019
$1,619
(+76,973.33%)
$117,199
Land 94,733 + Additions 22,466
2017
$2.1
$112,650
Land 89,270 + Additions 21,172
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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