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964 E Jefferson Blvd, Los Angeles, CA 90011

About the Property

964 E Jefferson Blvd is an 8,950 SF corner lot zoned C2, located approximately 2 miles east of the University of Southern California. The property sits along a well-trafficked east west corridor, offering strong visibility, efficient site geometry, and proximity to one of the largest and most consistent demand drivers in the Los Angeles rental market.

The surrounding area has seen continued infill development as investors and developers target sites with Transit Oriented Communities eligibility and direct access to employment centers, higher education, and public transportation. This portion of South Los Angeles benefits from its adjacency to USC, Downtown Los Angeles, and major transit corridors that support higher density residential development.

C2 Zoning With By-Right and TOC Tier 1 Density

According to a development potential report prepared by Brickwork, 964 E Jefferson Blvd allows for the construction of up to 11 units by right under existing zoning. By utilizing Transit Oriented Communities Tier 1 incentives, the site supports development of up to 35 residential units, subject to final design, approvals, and buyer verification.

The corner lot configuration enhances design flexibility, circulation, and frontage, factors that are often critical in maximizing density and unit efficiency on infill development sites.

Existing Improvements and Interim Use

The property is currently improved with a single story structure totaling approximately 2,109 SF, which has historically operated as a church. The existing improvements may provide interim utility or holding income potential while entitlements, design, or development planning are underway, subject to buyer evaluation.

USC Proximity and Long Term Demand Drivers

964 E Jefferson Blvd is positioned near USC, Exposition Park, and major employment hubs that continue to drive long term rental demand. The location benefits from access to transit lines, arterial roadways, and nearby retail and services that support higher density residential projects.

This corridor has become increasingly attractive for developers seeking scalable residential opportunities supported by institutional demand, TOC incentives, and proximity to Downtown Los Angeles.

Conclusion: TOC-Eligible Development Opportunity Near USC

964 E Jefferson Blvd presents a C2-zoned development site with clear density pathways through both by-right zoning and TOC Tier 1 incentives. With an 8,950 SF corner lot, proximity to USC, and a documented development report outlining up to 35 units, the property offers a well-defined opportunity for residential development in an active infill market.

Marketing Package:

Property Location

Sold Price
$950,000

Information

Number of Units
9 Units
Price per. Unit
$195,625
Bldg. Size
5,489 SF
Price per Foot
$321
Lot Size
7,434 SF
Year Built
1953
Current CAP
7.96%
Market CAP
11.47%
Zoning
LAR3

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+585 889 996 96 info@losangelesmultifamilyrealtor.com 184 Main Collins Street Victoria
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