1327 West BLVD, Los Angeles, CA 90019 – SR25094278

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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,350,000

Est. payment - /mo

7,405 Sqft Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25094278

HOA Y/N No

Lot Size 7,405 Sqft

Property Description

Fully RTI-approved project in a high-demand, transit-accessible pocket of Mid-Wilshire. This 7,406 SF R4-zoned lot (TOC Tier 2) comes with Ready-To-Issue permits for a 27-unit 100% affordable housing development, including 26 one-bedroom units and one studio. Approved plans offer approximately 12,940 SF of rentable space and 15,360 SF of gross building area. Projected monthly income is approximately $62,928, based on HACLA Section 8 rents—offering strong long-term cash flow and attractive cap rate potential. Located in 90019, a centrally located, rapidly growing neighborhood with easy access to major employment hubs including Downtown LA, Culver City, and Beverly Hills. The property is close to public transit, Metro lines, and major freeways, making it ideal for tenants who value connectivity. Surrounded by a strong rental market, cultural amenities, retail, and dining—this is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving Los Angeles location.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAC2

Interior

Fireplace No

Exterior

Community Features Curbs

View Y/N No

View None

Building

Lot Description Street Level

Water Public

New Construction No

Others

Senior Community No

Tax ID 5083033018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Rana Khanjani • Sync Brokerage • 818-723-9071

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1327 West BLVD Los Angeles, CA 90019

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

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