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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Pratima Solanki

Pratima Solanki

+1(323) 816-3802
$825,000
Est. payment /mo
7,318 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26664257

HOA Y/N No

Lot Size 7,318 Sqft

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 C42 - Downtown L.A.

Zoning LARD2

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

Lot Description Flat

New Construction No

Others

Senior Community No

Tax ID 5115001028

Special Listing Condition Standard

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Listed by Shawn S. Kormondy Keller Williams Beverly Hills #01451888

NEARBY SCHOOL & BUSINESS

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Pratima Solanki

Pratima Solanki

+1(323) 816-3802

Agent License ID: 01998820

Agent License ID: 01998820

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