2657 S Budlong Avenue, Los Angeles, CA 90007

2657 S Budlong Avenue, is an approximate 11,466 SF (0.26-Acre), vacant corner lot located less than one mile from the University of Southern California (USC). The opportunity provides a developer with the rare ability to acquire a development opportunity ideal for student housing, in a supply constrained market. The University can only support a small percentage of its student population, with only 30% living in USC-Owned or Operated Property. USC’s enrollment has also grown by 35% over the past decade, only further increasing the demand for additional student housing. The asset, Zoned RD1.5-1-O-HPOZ and falls within a Transit Oriented Community (Tier 2) that allows a developer to build up to 13-units and 34,548 SF of building. There are currently no plans or entitlements in place.