1215 W 39th Place, Los Angeles, CA 90037
Offered at
$1,300,000
Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.