1327 West Boulevard, Los Angeles, CA 90019 – CRSR25094278

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Patricia Beattie

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

Listed by Rana Khanjani • Sync Brokerage

$1,350,000

Est. payment - /mo

7,406 SqFt

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 7,406 sqft

Price per Sqft $182

MLS Listing ID CRSR25094278

HOA Y/N No

Originating Board Datashare California Regional

Lot Size 7,406 Sqft

Property Sub-Type Unimproved Land

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 rentsâ€”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 diningâ€”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

Interior

Fireplace No

Exterior

View None

Building

Water Public

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1327 West Boulevard Los Angeles, CA 90019

Patricia Beattie

Key Details

Location

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