715 E 41st Pl

Los Angeles, CA 90011
  • $799,000

    Price
  • 0.17

    Acre

About the Listing CLW-X74054 - CLW-X64890,CLW-C122620

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.

Listing Highlights for 715 E 41st Pl

Status Active
Days on Site 217
Property Type Vacant Land
MLS ® 26664257
Year Built
Lot/Acreage 0.17

Interior Details

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Exterior Details

  • Lot Description: Flat,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 54x134
  • Zoning: LARD2
  • Roof:
  • Others: Has ADU
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5115001028
  • Tax Year: N/A

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715 E 41st Pl Los Angeles, CA 90011

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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