This status change is a propitious omen, since most people received interviews right after seeing it.
If you're in LA, I would recommend on-campus unless it doesn't work for your schedule. From what I remember for R1 they didn't offer on-campus interviews on weekends, and I would have had a hard time making it there for one on a weekday even though I'm only about 2 hours away from UCLA. I had just visited Anderson the previous week so I didn't see any urgent need for another trip there just for a half hour interview.
So I did mine off-campus with an alum, and it went well. Alums can sometimes be a mixed bag, whereas with AdCom/student interviews you're more likely to get a very vanilla interview. AdCom obviously didn't penalize me too much for choosing off-campus though so it's really up to you.