USC Development Land Portfolio

3014 Royal, Los Angeles, CA 90007

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For Sale

$2,100,000

Three contiguous parcels near USC, ideal for development.

HighLights

Prime location steps from USC Main Campus and USC Village.
Rare USC neighborhood development opportunity with three contiguous parcels totaling approximately 21,695 SF.
Zoned LAR3 with TOC Tier 3 incentives, offering by‑right potential for up to 27 units, with possible density up to 45 units using TOC bonuses (Buyer to verify).
Large infill site with significant upside in a high‑demand area.
Perfect for student housing or multifamily development.
Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status).

We can help!

Listing Contact

MICHAEL R. FUKUSHIMA

For Sale

$2,100,000

Three contiguous parcels near USC, ideal for development.

Added:: Jul 9, 2025
Days on Market:: 337
Last Refresh:: Mar 16 at 9:09 am

Property Features for 3014 Royal

General Information

Standard status: Active

We can help!

Listing Contact

MICHAEL R. FUKUSHIMA

Listing agent MICHAEL R. FUKUSHIMA License #01380445,CA

Listing office KELLER WILLIAMS LOS ANGELES

Listing date Jul 9, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS LOS ANGELES

HighLights

Prime location steps from USC Main Campus and USC Village.
Rare USC neighborhood development opportunity with three contiguous parcels totaling approximately 21,695 SF.
Zoned LAR3 with TOC Tier 3 incentives, offering by‑right potential for up to 27 units, with possible density up to 45 units using TOC bonuses (Buyer to verify).
Large infill site with significant upside in a high‑demand area.
Perfect for student housing or multifamily development.
Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status).

Overview

This property is part of the USC Adjacent Development Land Portfolio. The offering includes three contiguous parcels totaling approximately 21,695 square feet. Zoned LAR3 with TOC Tier 3 incentives, the combined site offers by-right potential for up to 27 units, with possible density up to 45 units using TOC bonuses. Buyers should independently verify all zoning and development potential. Currently, there is an existing 3,586 square foot duplex on 3014 Royal St. (buyer to investigate historical status). 3018 and 3024 Royal St. are vacant land currently used as parking. The location is near USC Main Campus and USC Village, making it suitable for student housing or multifamily development. This large infill site presents significant upside in a high-demand area.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.281
Latitude: 34.0259

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For sale
Commercial land
CA
Los Angeles
90007
3014 Royal

What type of property is this?

Commercial land - Three contiguous parcels near USC, ideal for development.

Where is this commercial land located?

The property is located at 3014 Royal Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Prime location steps from USC Main Campus and USC Village.; Rare USC neighborhood development opportunity with three contiguous parcels totaling approximately 21,695 SF.; Zoned LAR3 with TOC Tier 3 incentives, offering by‑right potential for up to 27 units, with possible density up to 45 units using TOC bonuses (Buyer to verify).