3105 Raymond AVE Los Angeles, CA 90007

We are pleased to present the opportunity to acquire this 6,618 SF lot Student Housing Development opportunity located at 3105 Raymond Avenue, a couple of blocks away from the University of Southern California (USC). The site offers a zoning ordinance of (q)LAR3, which allows for the construction of 5 units by right + ADU's. There is a single family residence currently on the lot, which will be delivered 100% vacant. In addition, the seller has taken the homeowners exemption for the last 5 years on their property tax bill which will be provided upon acceptance of offer. The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment.