Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.225

  • Property Type

    Land

Price

  • Sales Price

    $4,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Michael Mikail , Rodeo Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime Development Opportunity in Coveted Pico-Robertson. An exceptional opportunity to acquire a fully entitled development project featuring 29 apartment units and 6 individual ADUs in one of Los Angeles' most sought-after rental markets Pico-Robertson. Situated on a 9,800 sq ft lot, the property currently includes an older, vacant 8-unit apartment building and will be delivered RTI (Ready-to-Issue) at closing, complete with demolition permits. Approved architectural plans call for a modern 5-story building with a one level subterranean parking garage and an 800 sq ft rooftop deck. The total proposed building size is approximately 27,330 sq ft. Located in a vibrant, walkable, and diverse residential neighborhood, this site offers excellent proximity to Beverly Hills, Century City, Rancho Park, and Culver City. The surrounding area features a mix of single-family homes and low-rise apartment buildings, making it an ideal location for multifamily development. A premier investment opportunity, ready for immediate construction.

8521 Horner Street

Message successfully sent.

What would you like to know?

Related Properties

New on site 2 days ago
Prime redevelopment opportunity! ~9,888 SF corner lot, steps from the Wilshire/La Brea Metro Station (anticipated Q4 2025). High visibility, Located in the CHIP Transit Oriented Incentive Area (TOIA) 3 and Opportunity Corridor Incentive Area OC-3, offering additional housing incentives. This corner lot has potential for an 8-story mixed-use development with up to 90 units and 4,200 SF of retail space and/or restaurant (subject to buyer verification). As a vacant lot, there are no existing tenants to relocate or replace. Situated in the heart of Los Angeles' vibrant Miracle Mile, 601 S. La Brea Avenue offers a rare ~9,888-square-foot corner lot in one of the city's most dynamic and high-traffic corridors. Located steps from the upcoming Wilshire/La Brea Metro Station (expected to open in Fall 2025), this prime vacant parcel benefits from exceptional visibility, with over 75,000 vehicles per day and significant pedestrian traffic. Surrounded by Hollywood, West Hollywood, Melrose, Fairfax, Hancock Park, Beverly Grove, and Koreatown, the site is immersed in a bustling hub of mixed-use developments, Class-A offices, and premier retail and dining destinations like Republique and Leopardo. Positioned within a Transit Oriented Communities (TOC) Tier 4 zone, and designated Tier 3 under the City's Housing Element Incentive Program (CHIP Ordinance/TOIA), the lot offers flexible zoning and development incentives, including no parking requirements and no height restrictions, making it ideal for multifamily, retail, or mixed-use projects. Nearby attractions such as LACMA, La Brea Tar Pits, and The Grove draw a steady stream of locals and tourists, while the area's dense population of over 40,000 within a one-mile radius and an average household income exceeding $120,000 underscores its strong investment potential. This is a generational opportunity to acquire a premier vacant lot in a rapidly evolving Los Angeles corridor. 601 S. La Brea Avenue is strategically located at the corner of 6th Street and La Brea Avenue, adjacent to major developments, including a proposed 250-unit hotel/residential project and the highly anticipated Metro D Line expansion connecting Downtown LA to Westwood by 2026. The property's prime location, high visibility, and proximity to cultural and entertainment hubs make it an ideal canvas for developers and investors seeking to capitalize on the area's growth trajectory. Potential for an 8-story mixed-use development featuring up to 90 dwelling units and 3,800 square feet of commercial space and/or restaurant space are available, subject to buyer verification and approval by relevant agencies. With advantageous zoning and no restrictive municipal regulations, this corner lot presents unmatched potential for immediate development or long-term investment in one of Southern California's most sought-after neighborhoods. All information is provided for informational purposes only and is not guaranteed. Buyer to conduct their own due diligence and independently verify all details, including zoning, CHIP eligibility, development incentives, and project feasibility. The lot is currently vacant, eliminating any need for tenant relocation or demolition of existing structures.
#25577603

Los Angeles

601 S La Brea Avenue

None Beds

None Baths

0.2269 acres

$4,950,000

MLS#: 25577603

Rare opportunity to acquire three contiguous vacant parcels on the corner of Taft Ave and Franklin Ave in Hollywood, LA 90028. The total size of all three lots is  approximately 23,760 SF and the zoning for all three properties is RD.15-1XL.   The dimensions of the lots are 135 SF of frontage on Franklin Ave by 176 SF on Taft Ave.   All three of the lots qualify for Tier 3 of the Transit Oriented Communities Plan (TOC). The zoning and site supports a variety different development options with significant density and height bonuses under a variety of state and local programs. A previous ED1 project was approved, demonstrating feasibility for expedited housing development.Multiple development strategies are possible, with some of those being:  **D1 streamlined affordable housing, ***CHIP OC Density Bonus project, **Small Lot Subdivision, **By-right multifamily project with TOC Tier 3 incentives.  This vacant development site is in a strong rental and resale market strategic play for developers targeting a high-growth, supply-constrained submarket. The prime location is walking distance to Metro, Franklin Village, Griffith Park, and Hollywood nightlife.
#25575721

Los Angeles

1845 Taft Avenue

None Beds

None Baths

0.5466 acres

$5,295,000

MLS#: 25575721

An Exceptional Development Opportunity right above the famous Sunset Strip ! Build 3 houses or create your dream estate across three prime parcels totaling over an acre, perched high in the Hollywood Hills. Privately nestled at the end of a quiet, gated cul-de-sac, this rare offering showcases sweeping, unobstructed views stretching from Downtown Los Angeles to the Pacific Ocean and Catalina Island. Surrounded by natural beauty and cinematic vistas, this secluded enclave offers a sense of escape while being just moments from the famed Sunset Strip and the heart of Beverly Hills. A truly world-class setting for a visionary estate.
#25559269

Los Angeles

3 Bode Drive

None Beds

None Baths

1.2876 acres

$3,900,000

MLS#: 25559269

2318-2322 Wellesley Avenue offers a rare double-lot development opportunity in the heart of West Los Angeles. Spanning 12,500 SF with 100 feet of frontage, the site is zoned R3(EC) under the Exposition Corridor Transit Neighborhood Plan and sits just 0.2 miles from the Expo/Bundy Metro Station, qualifying it for AB 2097's parking exemption and multiple density bonuses.  Preliminary feasibility studies indicate potential for up to 66 units through the Mixed Income Incentive Program (MIIP), or up to 95 units via the Affordable Housing Incentive Program (AHIP), with a max FAR of 4.65:1 and buildable area nearing 39,092 SF. The site is currently improved with two tenant-occupied single-family homes generating $9,100/month and is not subject to rent control. Located between Santa Monica, Brentwood, Westwood, and Culver City, the site benefits from proximity to major employers like Riot Games, Sony Pictures, and Fox Studios, as well as large-scale developments including West Edge and Martin Expo Town Center.  With a Walk Score of 88, no RSO restrictions, and no parking requirement, this is a high-impact infill site ideal for delivering new housing to one of LA's most constrained and in-demand rental markets.
#25561685

Los Angeles

2318 Wellesley Avenue

None Beds

None Baths

0.287 acres

$4,100,000

MLS#: 25561685

Multiple parcels 4006-007-007 and 4006-007-008 totaling to approximately 22,728 sqft of land.  Amazing market rate project to be delivered RTI with a fantastic unit mix of one's two's and three's.  All units are  oversized to increase desirability from tenants and decrease turnover on units.   Efficient design resulting in lower construction costs.  High density area near public transportation.  Existing structures will be delivered vacant.  Contact LA for OM and Full Plans.
#25553573

Los Angeles

6313 Brynhurst Avenue

None Beds

None Baths

0.5218 acres

$3,975,000

MLS#: 25553573

Prime LAC2 Zoned Property in Los Angeles, A Premium Opportunity in an Unbeatable Location. Nestled in an amazing area, this LAC2-zoned property spans just under one acre (Assesor), offering an exceptional opportunity for development or business ventures. Its strategic location is a standout feature, ensuring accessibility and convenience for a wide range of uses. Positioned near two major Los Angeles freeways, this property offers unparalleled connectivity to key parts of the city. Whether for logistics, commuting, or attracting visitors, the ease of access to major transit arteries makes this location an ideal hub. Do your due diligence and do not miss out on this great opportunity.
#PW25091090

Los Angeles

11400 S Hoover Street

None Beds

None Baths

0.8129 acres

$4,000,000

MLS#: PW25091090

We are proud to present 11378 Ovada Place, a rare opportunity for developers to acquire a premier site in the heart of Bel-Air, offering multiple development pathways to maximize value. Situated on a tranquil, tree-lined cul-de-sac, this property provides a unique blend of exclusivity and convenience.     Development Options:                                                                                               Small Lot Subdivision  The proposed plan features an 8-unit small lot subdivision with a mix of five (2-bedroom) and three (3-bedroom) townhomes spanning four levels. Each residence includes:* Private garages with direct unit access* Expansive open-concept living areas with a guest powder room* Well-appointed third-floor sleeping quarters* Private rooftop decks with stunning views.                                                                                                                               The permit process is in progress, awaiting a housing letter before proceeding to hearings and final approvals, expected in the coming months.                          ED1 Low-Income Housing Development  The site can alternatively support an approximate 90-unit ED1 project with a ministerial, streamlined approval process requiring no parking, offering a fast-track path to development.CHIP OC-3 Density Bonus Project  Another option includes a mixed-income development under CHIP OC-3 guidelines, allowing for approximately 70% market-rate units while leveraging density incentives.  Existing Income-Generating Property:The site currently features a 4-unit building, consisting of:Three (2-bedroom) units  Two leased at $2,343 and $2,731 respectively, with one vacant.One (1-bedroom) unit  Currently vacant.                                              Please do not disturb or alert the tenants of the potential sale.This is a rare chance to develop in one of Los Angeles' most sought-after neighborhoods.
#25519291

Los Angeles

11378 Ovada Place

None Beds

None Baths

0.3003 acres

$5,295,000

MLS#: 25519291

We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2) Potential to redesign the plans for a 140+ unit ED1 affordable housing development, or 3)Utilize SB684 for 10 small lot homes! This development site is strategically located in close proximity to the 101, 110 and 10 freeways providing easy access to downtown Los Angeles as well as neighboring submarkets such as Koreatown, MacArthur Park, East Hollywood, Silver Lake, Echo Park Chinatown and Pico Union. Contact the listing broker for additional information.
#25516145

Los Angeles

2227 Valley Street

None Beds

None Baths

0.3618 acres

$3,995,000

MLS#: 25516145

We are excited to present 4705-4709 Elmwood Ave (APNs: 5522-019-011 & 5522-019-010), a unique development opportunity in the highly desirable Greater Wilshire neighborhood of Los Angeles, California. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivision (SB 684) to build 10 homes.Zoned C2-1 with a lot area of 14,499 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives: ED1 (100% Affordable Housing) / Small Lot Subdivision (SB 684) / AB 1287 Density Bonus (Mixed-Income) / By-Right Development. The property is strategically located in the highly desirable Wilshire Community Plan Area within the Greater Wilshire neighborhood, a vibrant and centrally located pocket of Los Angeles. The area is characterized by a mix of commercial corridors and charming residential neighborhoods, offering strong demand for both market rate and affordable housing. Minutes from Koreatown, Larchmont Village, and Hancock Park, three of LA's most sought-after residential and commercial districts. Excellent access to public transit via nearby Metro lines and key bus routes, with strong connectivity to major employment centers in Downtown LA, Hollywood, and the Miracle Mile. Located near major thoroughfares, including Western Ave, Beverly Blvd, and Melrose Ave, facilitating ease of commute and accessibility.
#25514903

Los Angeles

4705 - 4709 Elmwood Avenue

None Beds

None Baths

0.3329 acres

$3,650,000

MLS#: 25514903

 - property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here