715 E 41st Pl, Los Angeles, CA 90011
715 E 41st Pl, Los Angeles, CA 90011
715 E 41st Pl, Los Angeles, CA 90011
715 E 41st Pl, Los Angeles, CA 90011
715 E 41st Pl, Los Angeles, CA 90011
715 E 41st Pl, Los Angeles, CA 90011
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$ 799,000
Est. payment | /mo

7,320 Sqft Lot


Save
$ 799,000
Est. payment | /mo
Save

7,320 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26664257

Lot Size 7,320 Sqft

Acres 0.168

Property Description

Developers and investors- great opportunity near USC and Exposition Park! 715 E 41st Pl is an SB 8-exempt, non-rent-controlled, approximately 7,320 SF flat lot with multiple potential development options. Seller has created renderings for a potential 6-7 unit development, consisting of a 3-story triplex (approximately 1,800 SF each) + three ADUs (approximately 1,200 SF each), totaling approximately 9,000 SF of living space, 18 bedrooms, 15 bathrooms, and 3 parking spaces. The concept utilizes SB 1211 and AB 2097 to maximize unit size and rental density, with potential for a 7th unit by converting the front 2-car garage into an approximately 400 SF ADU. Seller also has expired fourplex plans featuring a 6BR/6BA residence, 3BR/3BA ADU, and two 4BR/4BA townhomes with flex spaces offering potential for future ADU conversion, plus 10 total parking spaces. The previous structure has already been demolished, potentially saving approximately $50K in demolition costs. Conveniently located near USC, Exposition Park and DTLA. Buyer to conduct their own due diligence regarding development and use of the property.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD2

Exterior

Waterfront Description None

View Y/N Yes

View City, Walk Street

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

Nearby Locations

Shannon Guiragossian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 537-9002

shannongrealestate@gmail.com

36923 Cook St Suite B101, Palm Desert, CA 92211, USA

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715 E 41st Pl