BACK ON THE MARKET WITH A HUGE PRICE REDUCTION! Calling All Investors, Builders and Developers!! I present to you this Great development opportunity in the highly desirable North University Park neighborhood of Los Angeles. The property sits walking distance to USC, the new Metro Expo Line (traveling to Santa Monica and Downtown LA), the new USC Village development and the temporary home of the L.A. Rams NFL football team, the Los Angeles Memorial Colosseum. This corner lot property is zoned LARD 1.5 and is being sold together with 1150 W. 38th St. (the adjacent neighboring property) for $1,389,000 O.B.O. giving you a total of +/- 13,461 Sq Feet (per assessor, combined) of land to Develop and Maximize it's location (buyer to verify with the city, broker makes no warranties). The Village could potentially feature retailers such as Trader Joe's & Target. The Village is expected to open late 2017. Good development opportunity. Check with the City of Los Angeles for subdivision requirements. Buyer to verify zoning and regulations with the City of Los Angeles and all other government agencies.DO NOT DISTURB TENANTS!! Currently this property consist of 3 units. This is a package sale (1150 & 1156 W. 38th) so the number of units, living square footage and lot size is for the 2 properties combined. Call me for more info!