3024 Royal St, Los Angeles, CA 90007
List Price: $2,200,000
On market
On marketJun 2, 20252,496 sqft4 beds0 baths
Listed by: Michael R. Fukushima
License #: 01380445
Phone #: 818-321-6490
Keller Williams Los Angeles
Source:
MLS #: 25547177
Property Description
*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.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$32,196
TurboHome Estimated Value
$2,173,200
$871 sqft
High Valuation
$2,281,860
$914/sqft
Normal Valuation
$2,173,200
$871/sqft
Low Valuation
$2,064,540
$827/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $871/sqft | $2,173,200 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: South Los Angeles
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Comparative Value
$2.20M
$2.85M
3024 Royal St, Los Angeles, CA 90007
List Price: $2,200,000
Subject Property
1258 W 37th Dr, Los Angeles, CA 90007
Sale Price: $2,850,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT3024 Royal St, Los Angeles, CA 90007
List: $2,200,000
Listed: 6/2/2025
Area:2,496 sqft
Price/sqft:$881
Beds:4
Baths:—
Year Built:—
Lot Size:7,232
Comparable Properties
COMPARABLEChoose comps
1258 W 37th Dr, Los Angeles, CA 90007
Sale: $2,850,000
3/14/2025 • 0.99 mi
Area:3,224 sqft
Price/sqft:$884
Beds:4
Baths:1
Year Built:—
Weight:100.0%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3024 Royal St, Los Angeles, CA 90007 | $2,200,000 | 2,496 | $881 | 7,232 | — | 6/2/2025 | 4 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1258 W 37th Dr, Los Angeles, CA 90007 | $2,850,000 | 3,224 | $884 | 4,319 | 0.99 mi | 3/14/2025 | 4 | 1 | — | 100.0% |
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