Location and Opportunity! Rare opportunity to own a nearly 1 acre flat lot with tremendous development potential. Parcel map application has already been prepared to divide the lot into 4 lots of approx. 10,000 sq ft each, with tentative plans for a large main house, an ADU and Junior ADU on each lot. All to be connected by a private street. Resulting property can consist of 4 lots with 12 dwellings which can be sold as 4 parcels or rented as 12 dwellings. Project was preliminarily approved by LA City building and safety. Next step is to submit the plans and pay the fees. Alternatively you may modify the plans and build your dream house or try to obtain approval for a higher density development with more units. There are no oak trees on the lot. Seller makes no representations as to what the city will approve. Currently the permitted building is about 800 sq ft and has a 400 sq ft add-on.
The income description goes here to explain
| List Price | $2,200,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 866 |
| Number of Stories | 1 stories |
| Parking Spots | 1 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2671010005 |
| MLS # | SR25225618 |
| Property ID | 322208268 |
| Lot Sqft | 39,597 |
| Zoning | Unknown |
| Total Units | 1 |
| Days on Market | 131 |
| Original List Price | $2,200,000 |
| Date Updated | September 26, 2025 |
| Date Created | September 25, 2025 |
Hovanes Margarian an agent of . Lic #01890214
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 26, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT