Multi-Family
2657 S Budlong Ave
2657 S Budlong Ave, Los Angeles, CA 90007
Listing Price: $2,250,000
Investment Overview
Marcus & Millichap is pleased to present 2657 S Budlong Avenue, an approximate 11.466 SF vacant corner lot located less than one mile from the University of Southern California (USC). The property provides a great opportunity for a developer to acquire a rare vacant lot perfect for student housing. The asset, Zoned RD1.5-1-O-HPOZ, also boast a Tier 2 TOC bonus that allows a developer to build up to 13-units and 34,548 SF of building. The property is truly centered in the heart of West Los Angeles. It is located on Sawtelle Blvd, a main North-South thoroughfare that is one block parallel to the 405 freeway. The property also sits one block north of Santa Monica Blvd, one block south of the US Veterans Affairs Hospital, and one block west of the on and off ramps for the 405 freeway. This section of Los Angeles boasts ideal demographics as there are more than 265,359 people living in a 3-mile radius, with an average household income exceeding $156,433 in a 3-mile radius.
2657 S Budlong Ave
Investment Highlights
- Location: Lot is less than 1 mile from the University of Southern California (USC)
- Transportation: The area is well-connected to other parts of Los Angeles through public transportation, including bus and light rail services.
- Dining and shopping: The USC area has a diverse selection of restaurants and shops, ranging from small local businesses to larger chains.
- Housing: The area offers a range of housing options, from apartments to single-family homes, with a mix of historic and modern architecture.
- Education: USC is one of the most prestigious universities in the world and offers a range of academic programs in various fields.
Listing Price: $2,250,000
Investment Highlights
- Location: Lot is less than 1 mile from the University of Southern California (USC)
- Transportation: The area is well-connected to other parts of Los Angeles through public transportation, including bus and light rail services.
- Dining and shopping: The USC area has a diverse selection of restaurants and shops, ranging from small local businesses to larger chains.
- Housing: The area offers a range of housing options, from apartments to single-family homes, with a mix of historic and modern architecture.
- Education: USC is one of the most prestigious universities in the world and offers a range of academic programs in various fields.
Investment Overview
Marcus & Millichap is pleased to present 2657 S Budlong Avenue, an approximate 11.466 SF vacant corner lot located less than one mile from the University of Southern California (USC). The property provides a great opportunity for a developer to acquire a rare vacant lot perfect for student housing. The asset, Zoned RD1.5-1-O-HPOZ, also boast a Tier 2 TOC bonus that allows a developer to build up to 13-units and 34,548 SF of building. The property is truly centered in the heart of West Los Angeles. It is located on Sawtelle Blvd, a main North-South thoroughfare that is one block parallel to the 405 freeway. The property also sits one block north of Santa Monica Blvd, one block south of the US Veterans Affairs Hospital, and one block west of the on and off ramps for the 405 freeway. This section of Los Angeles boasts ideal demographics as there are more than 265,359 people living in a 3-mile radius, with an average household income exceeding $156,433 in a 3-mile radius.
