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Contiguous LAR3-Zoned Development Site
For Sale
$2,000,000

3024 Royal Street, Los Angeles, CA 90007

Three side-by-side LAR3-zoned parcels totaling 21,696 SF near USC Village, within DPS Patrol Zone and TOC Tier 3.

Property Size7,232 SF
Price / SF$276.55
Days on Market68

Property Features for 3024 Royal Street

General Information

Standard status Active
Size 7,232 SF
Property subtype Land Lot
Zoning LAR3

Amenities

No
Listing Agency: Keller Williams Beverly Hills
Listed By: Adam Shamooelian · License #02116849
Source: Compass
Added: Jun 2 Changed: Aug 8 Last Checked: Jul 20 at 8:48AM

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 Beverly Hills

Investment Insights

Based on property information with market context.

The Royal Street Assemblage presents three contiguous LAR3-zoned land parcels located at 3014, 3018, and 3024 Royal St. The assemblage totals 21,696 SF of contiguous development land and is positioned as a single land position in the USC market.

The property is located just steps from USC Village and within walking distance of the University of Southern California. It is also situated within the DPS Patrol Zone and a TOC Tier 3 designation, which may support additional development incentives and density. The site may appeal to developers seeking to control a larger, contiguous footprint near campus where assembling similarly sized parcels can be challenging.

All information is deemed reliable but not guaranteed. Buyer and buyer’s agents are advised to independently verify all information and conduct their own due diligence.

Key Highlights

  • Three side‑by‑side parcels at 3014, 3018, and 3024 Royal St., totaling 21,696 SF of contiguous LAR3‑zoned land
  • Located within the DPS Patrol Zone
  • TOC Tier 3 designation, which may provide additional development incentives and density

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Accounting Firm Real Estate Agency Nursing Home HVAC Service Acupuncture Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,202
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three side-by-side LAR3-zoned parcels totaling 21,696 SF near USC Village, within DPS Patrol Zone and TOC Tier 3.
Where is this residential land & home lot located?
The property is located at 3024 Royal Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Three side‑by‑side parcels at 3014, 3018, and 3024 Royal St., totaling 21,696 SF of contiguous LAR3‑zoned land; Located within the DPS Patrol Zone; TOC Tier 3 designation, which may provide additional development incentives and density
More about this property
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