90007 Land for Sale

90007 Land for Sale

Located in the heart of Los Angeles, California, the zip code 90007 offers a vibrant and diverse living experience. Situated in Los Angeles County, this area is a part of the bustling city of Los Angeles. With its prime location, 90007 is known for its real estate opportunities, making it an attractive destination for those looking to invest in land.

If you're on the hunt for land for sale, 90007 has plenty to offer. From vacant lots to expansive parcels, there is a wide range of options available to suit various needs and preferences. Whether you're looking to build your dream home or develop a commercial property, this zip code has the potential to fulfill your real estate aspirations.

The area's popularity is not only due to its prime location but also its proximity to major attractions and amenities. Residents of 90007 enjoy easy access to renowned universities like the University of Southern California (USC) and cultural hotspots like the Natural History Museum of Los Angeles County. Additionally, the zip code is well-connected to major transportation routes, making commuting a breeze.

Investing in land in 90007 not only provides an opportunity for future development but also offers a chance to be a part of a vibrant community. With its rich history, diverse population, and access to various amenities, this area is a desirable location for both residents and investors alike.

If you're considering purchasing land in the Los Angeles area, 90007 should definitely be on your radar. With its prime location, ample opportunities, and vibrant community, this zip code is a promising investment for those seeking real estate opportunities in Southern California.

Newest 90007 Land for Sale

1177 W 37th Place, Los Angeles
$2,575,000
26996715 MLS ⋅ Active Status
We are pleased to present 1177 W. 37th Place, a fully entitled, RTI ground up student housing development located approximately one-half block from the University of Southern California. This rare offering provides a developer or investor with the opportunity to acquire a shovel-ready, permit-ready project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets. Current ownership has completed the time-consuming and capital-intensive work associated with architectural design, civil and structural engineering, construction documents, plan check, permits, and city approvals. An incoming buyer steps in at the finish line of the entitlement process, potentially avoiding an estimated 18 to 24 months or more of entitlement time and the associated discretionary risk. Subject to buyer verification and payment of any remaining permit fees, the buyer can pull permits and begin construction. The approved plans, prepared by California Development & Design Inc., call for a five-story, approximately 19,900-square-foot building consisting of four levels of Type V-A residential construction over a Type I-A podium with ground-level parking and a residential lobby. The project includes seven residential units plus a multi-level ADU, for eight units total, with 46 bedrooms and 39 bathrooms. Purpose-built for a rent-by-the-bedroom student-housing model, the fully sprinklered NFPA-13 building also includes rooftop open space, on-site parking income, and a low-income housing subsidy component.At stabilization, 46 bedrooms leasing at approximately $1,500 per bed, together with parking and subsidy income, are projected to generate approximately $860,400 in scheduled gross income and $599,690 in net operating income. At a 6.0% capitalization rate, the projected stabilized value is approximately $10 million. This represents approximately $1.55 million in projected value creation, an 18.3% development margin on total cost, and an approximate 7.1% return on cost before refinancing, rent growth, and long-term appreciation. All plans, permits, construction costs, rents, income, and return projections are estimates and should be independently verified by the buyer.

1177 W 37th Place, Los Angeles

1160 Exposition, Los Angeles
$2,980,000
WS26210022 MLS ⋅ Active Status
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.

1160 Exposition, Los Angeles

3042 Royal Street, Los Angeles
$1,395,000
26876337 MLS ⋅ Active Status
We are pleased to present 3042 Royal St., an exceptional development opportunity in one of the most sought-after pockets of the USC student housing market, just steps from USC Village and the University of Southern California. Situated on a 5,424 SF lot with valuable alley access, the property offers a rare combination of location, zoning, and development flexibility. Located in an area where well-designed student housing can command premier rents, the property offers developers multiple potential paths to maximize the site. LAR3-zoned development sites are extremely rare within the USC student housing submarket, making the property particularly attractive for developers seeking density in a highly constrained location. The property allows for up to 6 units by right plus ADUs and is also located within a TOC Tier 3 designation, providing the potential for up to 12 TOC units plus ADUs, subject to buyer verification. Importantly, the property has been vacant for more than five years, potentially allowing a developer to redevelop the site without replacement affordable housing requirements and pursue a fully market-rate student housing project, subject to buyer verification. Alternatively, a buyer may explore renovating and expanding the existing approximately 1,566 SF structure, creating additional density while preserving and enhancing the existing improvements. With strong housing demand driven by USC, the potential to achieve premier student housing rents, LAR3 zoning, TOC Tier 3 incentives, alley access, and multiple redevelopment strategies, 3042 Royal St. represents a compelling opportunity to develop or reposition a property in the heart of the USC student housing market.

3042 Royal Street, Los Angeles

3015 Shrine Place, Los Angeles
$2,395,000
26876253 MLS ⋅ Active Status
We are pleased to present 3015 Shrine Pl., a premier development opportunity located in the heart of the USC student housing market, just moments from USC Village and the University of Southern California. Positioned on an expansive 10,071 SF lot with alley access, the property offers developers a rare chance to acquire a large LAR3-zoned site with multiple redevelopment strategies in one of the most supply-constrained areas surrounding USC. The property's LAR3 zoning allows for up to 12 units by right plus ADUs, while its TOC Tier 3 designation provides the potential for up to 23 TOC units, subject to buyer verification. LAR3 development sites of this scale are extremely difficult to find within the USC student housing submarket, creating an attractive opportunity for a developer seeking to build a higher-density project capable of commanding premier student housing rents. At approximately $238 per land square foot, the property offers an attractive entry basis for a large, premium LAR3-zoned development site with TOC Tier 3 incentives in the USC student housing market. Another key advantage is the property's occupancy history. 3015 Shrine Pl. is currently vacant and has not been rented at any point during the past five years, potentially providing a path to redevelopment without replacement affordable housing requirements and allowing for a fully market-rate student housing project, subject to buyer verification. For buyers looking to pursue an alternative strategy, the existing approximately 1,988 SF structure may also provide an opportunity for renovation, expansion, and the addition of further density while retaining the existing improvements. With its substantial lot size, LAR3 zoning, TOC Tier 3 incentives, alley access, favorable vacancy history, compelling land basis, and proximity to USC, 3015 Shrine Pl. offers a unique opportunity to create a significant student housing project in one of the strongest rental pockets surrounding the University.

3015 Shrine Place, Los Angeles

2819 S Flower Street, Los Angeles
$3,950,000
AR24099585 MLS ⋅ Active Status
Located in the heart of downtown Los Angeles, just moments away from the prestigious University of Southern California (USC), lies a rare gem of real estate: two parcels totaling 13,390 square feet, awaiting a visionary investor or developer. Located at 2819 S Flower Street, this expansive property offers an exceptional canvas for realizing your dreams of urban development. Unbeatable Location: Situated in one of the most dynamic and sought-after neighborhoods in Los Angeles, this land enjoys unparalleled proximity to USC, making it an ideal investment for student housing, mixed-use development, or commercial ventures catering to the vibrant university community. Fully Entitled Development: This rare offering comes with the invaluable advantage of full entitlements for a 47-guest room hotel, streamlining the development process and expediting your journey from vision to reality. With all necessary approvals in place, you can begin construction without delay, saving both time and resources. Generous Size: With a total area of 13,390 square feet spread across two parcels, this property presents ample space for creative construction and versatile design concepts. Whether you envision a multi-story residential complex, retail establishments, or a combination of both, the possibilities are endless. Thriving Urban Environment: Surrounded by a diverse array of cultural attractions, dining options, entertainment venues, and convenient amenities, this location offers an unparalleled urban lifestyle experience. Residents and visitors alike will appreciate the convenience of living in close proximity to downtown LA's bustling scene. Investment Potential: As downtown Los Angeles continues to undergo rapid revitalization and gentrification, savvy investors have recognized the immense potential for growth and profitability in this area. Secure your stake in the future of one of the nation's most dynamic real estate markets. Accessibility: Enjoy easy access to major transportation arteries, including highways, public transit routes, and bike lanes, facilitating seamless connectivity to all corners of the city and beyond. Whether you're looking to capitalize on the thriving student population, capitalize on the burgeoning urban renaissance, or simply secure a strategic investment for the future, 2819 S Flower Street beckons with limitless potential.

2819 S Flower Street, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How much is your home worth?

Get instant property value now!