1167 W 29th Street Los Angeles, CA 90007

Other Residential MLS #: SB24246712 Courtesy Of Vista Sotheby's International Realty

$2,000,000

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Estimated monthly payments: $8,743/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

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1167 W 29th Street, Los Angeles, CA 90007
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School Information

1167 W 29th Street, Los Angeles, CA 90007

Elementary School
Grades KG-5 | Public School
VERMONT AVENUE ELEMENTARY
Los Angeles, CA 90007
1435 W 27th St
323.­733.2195
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
444
Middle School
Grades 6-8 | Public School
JOHN ADAMS MIDDLE SCHOOL
Los Angeles, CA 90007
151 W 30th St
213.­745.3700
Distance: 0.9 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
829
High School
Grades 9-12 | Public School
MANUAL ARTS HIGH SCHOOL
Los Angeles, CA 90037
4131 S Vermont Ave
323.­846.7300
Distance: 1.5 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
1132
Other Nearby Schools Distance Type Grades School Rating
Thirty-second Street Usc Performing Arts 0.3 mi Public KG-12 A-
John W. Mack Elementary 0.5 mi Public KG-5 D+
St Agnes School 0.5 mi Private PK-8
Alliance Gertz-ressler Richard Merkin 6-12 Complex 0.6 mi Public 6-12 B-
St Vincent School 0.6 mi Private KG-8
Norwood Street Elementary School 0.6 mi Public KG-5 C+
Star Christian School 0.6 mi Private PK-5
New Designs Charter 0.6 mi Public 6-12 B-
Downtown Value 0.7 mi Public KG-8 C-
Los Angeles Christian School 0.7 mi Private KG-8
West Adams Preparatory High School 0.8 mi Public 9-12 D+
Dr. Theodore T. Alexander Jr. Science Center 0.8 mi Public KG-5 B-
Lenicia B. Weemes Elementary 0.8 mi Public PK-5 C
Orthopaedic Hospital 0.8 mi Public 9-12 A
Stem Preparatory Elementary School 0.8 mi Public KG-5 D+
Camino Nuevo Elementary #3 0.9 mi Public KG-8 C-
Sophia T. Salvin Special Education Center 0.9 mi Public KG-10
William Jefferson Clinton Middle School 0.9 mi Public 6-8 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90007

Median Age: 29.7
Married: 21%
Number of Households: 12,606
Households with Children: 21.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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