Description

Unbeatable investment opportunity in a high-demand student housing and residential corridor in Exposition Park! This prime parcel sits steps from the University of Southern California (USC), BMO Stadium, the Los Angeles Memorial Coliseum, Exposition Park, and the Metro E Line station. Located in a federally designated Opportunity Zone, offering tax incentives for qualified investors. Development opportunities for Multifamily & Student Housing. Density Bonus / TOC Incentives: Capitalize on City of Los Angeles density bonuses or Transit Oriented Communities (TOC) incentives (due to Metro E Line proximity) to potentially increase total unit count, floor-area ratio (FAR), and building height. Perfect for high-density student apartments or small-lot subdivision townhomes. Unmatched Location & Proximity: *USC Campus: ~2 blocks to the university campus, making this an ideal target for luxury student housing. *Sports & Entertainment: Walking distance to BMO Stadium (LAFC) and the LA Memorial Coliseum. *Culture & Recreation: Steps from Exposition Park, home to the California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. *Transit: Steps to the Metro E (Expo) Line for direct transit access to Downtown Los Angeles and Santa Monica. Buyer to conduct their own independent due diligence regarding lot dimensions, density bonuses, TOC incentives, and zoning allowances with the City of Los Angeles Department of Building and Safety (LADBS) and City Planning.