Incredible opportunity to own a buildable lot in the coveted Franklin Hills neighborhood of Los Feliz. Surrounded by mature olive trees, with views of nearby hills, this property is tucked into a peaceful neighborhood of character-rich homes. The gated parcel is situated on a quiet street with sidewalks and plentiful parking. A small un-permitted structure and a well landscaped yard helps showcase how the property could be utilized for a future build. Geological, geotechnical engineering, and topography reports have been done, and the land will be zoned by the City of LA for R1 development pursuant to SB9. The neighboring property provides a helpful visual of what could be built on this well laid out lot that features an expansive flat pad and terraced downslope. A short distance to all that Hyperion has to offer, you'll find Trader Joe's, coffee shops, and restaurants right around the corner. This is a rare opportunity to purchase land in the hills of Los Feliz in which you can build a dreamy oasis, nestled amongst mature trees and lush landscaping.
This vacant 3,417 SQFT BUILDABLE LOT offers beautiful panoramic views. Located just a short drive by surface streets to Griffith Observatory, Hollywood, Dodger Stadium, Downtown LA, Arts District, and the 5, 101, and 110 freeways.
This vacant 3,417 SQFT BUILDABLE LOT offers beautiful panoramic views. Located just a short drive by surface streets to Griffith Observatory, Hollywood, Dodger Stadium, Downtown LA, Arts District, and the 5, 101, and 110 freeways.
We are proud to present a Ready-to-Issue (RTI) 73-unit (72 Units + 1 ADU), 100% Affordable Housing Development Opportunity on a 6,789 SF lot in the vibrant neighborhood of East Hollywood. The Accessory Dwelling Unit (ADU) is already approved in the Planning Department Letter of Compliance, enhancing its overall value. The property is in an Opportunity Zone! The proposed development features 19,024 SF of total floor area with 15,062 SF + 382 SF (ADU) of rentable square footage, in a 5-story building design with Type III-A construction. The majority of the 72 + 1 units are efficiency units, with sizes averaging 195 SF. This design allows for significantly lower rental prices compared to neighboring properties while still generating high yields per square foot. The restricted rent levels for the project include 80% designated for TCAC Schedule IX low-income tenants and 20% for HCD Schedule VI moderate-income tenants. East Hollywood is a thriving area known for its rich cultural diversity and strong community. The Mariposa Apartments project is conveniently located within a short walk to Kaiser Permanente and Children's Hospital, making it an ideal residence for healthcare workers and families. The property is situated in a Transit-Priority Zone, with easy access to major public transportation routes, including the Vermont/Sunset Metro Subway Station, further enhancing its appeal to residents who rely ontransit. The property's location offers convenient access to parks and recreational areas (including Barnsdall Park), enhancing the vibrant living experience for residents. With zero parking requirements, developers can eliminate the high costs associated with on-grade parking, further increasing the project's affordability. Additionally, the area boasts an impressive Walk Score of 90, classifying it as a "Walker's Paradise," with a wide range of amenities and services just a short distance away. All entitlement approvals are in place, and the property will be delivered with Ready-to-Issue status and vacant at the close of escrow. No prevailing wage requirements. No SB 8 replacement requirements. No construction lift needed as building is less than 60 feet in height.
We are proud to present a Ready-to-Issue (RTI) 73-unit (72 Units + 1 ADU), 100% Affordable Housing Development Opportunity on a 6,789 SF lot in the vibrant neighborhood of East Hollywood. The Accessory Dwelling Unit (ADU) is already approved in the Planning Department Letter of Compliance, enhancing its overall value. The property is in an Opportunity Zone! The proposed development features 19,024 SF of total floor area with 15,062 SF + 382 SF (ADU) of rentable square footage, in a 5-story building design with Type III-A construction. The majority of the 72 + 1 units are efficiency units, with sizes averaging 195 SF. This design allows for significantly lower rental prices compared to neighboring properties while still generating high yields per square foot. The restricted rent levels for the project include 80% designated for TCAC Schedule IX low-income tenants and 20% for HCD Schedule VI moderate-income tenants. East Hollywood is a thriving area known for its rich cultural diversity and strong community. The Mariposa Apartments project is conveniently located within a short walk to Kaiser Permanente and Children's Hospital, making it an ideal residence for healthcare workers and families. The property is situated in a Transit-Priority Zone, with easy access to major public transportation routes, including the Vermont/Sunset Metro Subway Station, further enhancing its appeal to residents who rely ontransit. The property's location offers convenient access to parks and recreational areas (including Barnsdall Park), enhancing the vibrant living experience for residents. With zero parking requirements, developers can eliminate the high costs associated with on-grade parking, further increasing the project's affordability. Additionally, the area boasts an impressive Walk Score of 90, classifying it as a "Walker's Paradise," with a wide range of amenities and services just a short distance away. All entitlement approvals are in place, and the property will be delivered with Ready-to-Issue status and vacant at the close of escrow. No prevailing wage requirements. No SB 8 replacement requirements. No construction lift needed as building is less than 60 feet in height.
Large buildable lot in Los Feliz at the end of the cup-de-sac. Adjacent to large modern estate also available for purchase under separate address: 2437 N Edgemont St. Los Angeles, CA 90027 APN: 5588-006-011 that is MLS#: 24-456005. The lot is currently enclosed by a large wooden gate and currently shows as a lush green lawn with trees. Approx 6,000sqft of level lawn and approx 4,388 of upslope. The two properties together are street to street. An amazing setting in the highly sought after Los Feliz neighborhood to build your dream home.
Incredible opportunity to own a buildable lot in the coveted Franklin Hills neighborhood of Los Feliz. Surrounded by mature olive trees, with views of nearby hills, this property is tucked into a peaceful neighborhood of character-rich homes. The gated parcel is situated on a quiet street with sidewalks and plentiful parking. A small un-permitted structure and a well landscaped yard helps showcase how the property could be utilized for a future build. Geological, geotechnical engineering, and topography reports have been done, and the land will be zoned by the City of LA for R1 development pursuant to SB9. The neighboring property provides a helpful visual of what could be built on this well laid out lot that features an expansive flat pad and terraced downslope. A short distance to all that Hyperion has to offer, you'll find Trader Joe's, coffee shops, and restaurants right around the corner. This is a rare opportunity to purchase land in the hills of Los Feliz in which you can build a dreamy oasis, nestled amongst mature trees and lush landscaping.
We are proud to exclusively present for sale a value-add Duplex in prime East Hollywood. Located on Kingsley Drive between Hollywood Blvd and Sunset Blvd, this 6,860 SF RD1.5-XL Tier 3 lot features 50 feet of frontage. This existing Duplex, consisting of two separate houses that share only a very short wall, is an ideal play for an owner-user, as the Duplex is well maintained and has great potential to be reimagined a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 Zoning or as ADUs. Additionally, the large home located in the front has room to be converted into a 3 bedroom, buyer to verify. Situated in the heart of East Hollywood, the property is surrounded by Los Feliz, Hollywood and Silver Lake with excellent transit and a Walker's Paradise designation. This location is among the most in-demand neighborhoods by younger professionals. The property is a short distance to Target, Jitlada, Home Depot, Taqueria El Zarape, 99 Only Store, Shaky's Pizza, Kaiser Permanente, Zeytun Grocery & Deli, Barnsdall Art Park...and so much more! Take advantage of the Los Feliz and Silver Lake dining and nightlife scene and the easy access to the 101 Freeway. Hop on the Metro Red Line, free from traffic, and be almost anywhere in Los Angeles in practically no time at all.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90027 has a population of 3,902,440. Los Angeles 90027 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90027 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90027 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.