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Contiguous LAR3-Zoned Land Assemblage
For Sale
$2,000,000

3024 Royal Street Los Angeles, Los Angeles, CA 90007

Three side-by-side LAR3-zoned parcels totaling 21,696 SF near USC Village and the University of Southern California.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market111

Property Features for 3024 Royal Street Los Angeles

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Land
Zoning LAR3

Site & Location

Neighborhood University Park

Amenities

7232
0.166
Assessor
Listed By: Vianna Padilla
Source: Rmarealty
Added: Jul 8 Changed: Oct 25 Last Checked: Jul 8 at 12:01PM

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 Vianna Padilla

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Investment Insights

Based on property information with market context.

A rare contiguous land assemblage totaling 21,696 SF across three side-by-side parcels at 3014, 3018, and 3024 Royal St. The property is LAR3-zoned and is described as positioned within the DPS Patrol Zone and within a TOC Tier 3 designation.

The assemblage is located just steps from USC Village and within walking distance of the University of Southern California in Los Angeles, California, offering a consolidated land position in a market described as having limited opportunities for new development close to campus.

Per the offering, 3024 Royal St. is part of The Royal Street Assemblage, which includes the adjacent parcels at 3014 and 3018 Royal St., with the complete three-property assemblage marketed together.

Key Highlights

  • Three contiguous LAR3‑zoned parcels at 3014, 3018, and 3024 Royal St.
  • Total land size: 21,696 SF (0.166 acres per assessor for the lot size area provided).
  • Located just steps from USC Village and the University of Southern California.

Property Analytics

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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

3,226
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
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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 and the University of Southern California.
Where is this residential land & home lot located?
The property is located at 3024 Royal Street Los Angeles 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 contiguous LAR3‑zoned parcels at 3014, 3018, and 3024 Royal St.; Total land size: 21,696 SF (0.166 acres per assessor for the lot size area provided).; Located just steps from USC Village and the University of Southern California.
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