3014 Royal St Los Angeles, CA 90007
University Park NeighborhoodEstimated payment $11,882/month
About This Lot
*This property is part of the USC Adjacent Development Land Portfolio - May be purchased together or separately. 3014, 3018 and 3024 Royal are three contiguous lots that must be sold together.* Rare USC neighborhood development opportunity three contiguous parcels totaling approximately 21,695 SF zoned LAR3 with TOC Tier 3 incentives. Combined site offers by-right potential for up to 27units, with possible density up to 45 units using TOC bonuses (Buyer to verify). Existing 3,586 SF duplex on 3014 Royal St. (buyer to investigate historical status). 3018 and 3024 Royal St. are vacant land currently used as parking. Prime location steps from USC Main Campus and USC Village, perfect for student housing or multifamily development. Large infill site with significant upside in a high-demand area. Buyer to independently verify all zoning and development potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,147
Lot Details
- 7,234 Sq Ft Lot
- Property is zoned LAR3
Listing and Financial Details
- Assessor Parcel Number 5123-011-003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,147 | $215,632 | $135,398 | $80,234 |
2023 | $3,099 | $211,405 | $132,744 | $78,661 |
2022 | $2,976 | $207,261 | $130,142 | $77,119 |
2021 | $2,918 | $203,198 | $127,591 | $75,607 |
2020 | $2,940 | $201,115 | $126,283 | $74,832 |
2019 | $2,842 | $197,172 | $123,807 | $73,365 |
2018 | $2,722 | $193,307 | $121,380 | $71,927 |
2016 | $2,571 | $185,802 | $116,667 | $69,135 |
2015 | $2,538 | $183,012 | $114,915 | $68,097 |
2014 | $2,562 | $179,428 | $112,664 | $66,764 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/02/2025 06/02/25 | For Sale | $2,100,000 | -- | -- |
Source: The MLS
MLS Number: 25547163

APN: 5123-011-003
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