Estimated payment $8,057/month
Highlights
- City Lights View
- Dual Staircase
- Contemporary Architecture
- Open Floorplan
- Multi-Level Bedroom
- Quartz Countertops
About This Home
Development Opportunity in Prime Los Angeles – RTI for 17 Units! Unlock the full potential of this prime Los Angeles property! Currently a single-family home, this site comes RTI (Ready to Issue) with approved plans for 17 units — all that’s left is to pull the permits and start building. Located in a high-demand area of L.A., this is a rare, shovel-ready opportunity for investors and developers seeking a fast-track, high-yield multifamily project. RTI – Save time and money Approved for 17 units, These have 11 units with 1 bedroom/ 1 bath & 6 Units with 2 bedroom & 2 bath. Total of 23 Bedroom & 23 Bath. this offer a lot of amenities as a 4 floor to use like a terrace with a beutiful view, an comunity Center and mucho more. Ideal for multifamily development Strong rental demand in surrounding area Convenient access to transit, shops, dining, and more Prime area near USC, Lucas Museum of Narrative Art, BMO Stadium Whether you're expanding your portfolio or breaking ground on your next signature project, this property offers the kind of entitlements and location that make for a winning investment. Now is a Single Family residence with 3 bed and 2 bath.
Listing Agent
Century 21 A Better Service Brokerage Phone: 562-244-8211 License #01182471 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 6,403 Sq Ft Lot
- No Common Walls
- Fenced
- Density is up to 1 Unit/Acre
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 13,294 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Dual Staircase
- Recessed Lighting
- Panel Doors
- Living Room
- City Lights Views
- Quartz Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Multi-Level Bedroom
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 10 / K
- Tax Tract Number 2
- Assessor Parcel Number 5020016011
- Seller Considering Concessions
Community Details
Building Details
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 17 Separate Water Meters
Additional Features
- 17 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,077 | $1,144,440 | $915,552 | $228,888 |
| 2024 | $13,885 | $1,122,000 | $897,600 | $224,400 |
| 2023 | $13,622 | $1,100,000 | $880,000 | $220,000 |
| 2022 | $1,015 | $50,530 | $29,541 | $20,989 |
| 2021 | $986 | $49,540 | $28,962 | $20,578 |
| 2019 | $965 | $48,072 | $28,104 | $19,968 |
| 2018 | $918 | $47,130 | $27,553 | $19,577 |
| 2016 | $856 | $45,302 | $26,484 | $18,818 |
| 2015 | $848 | $44,623 | $26,087 | $18,536 |
| 2014 | $863 | $43,749 | $25,576 | $18,173 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2026 07/31/26 | Price Changed | $1,250,000 | 0.0% | $94 / Sq Ft |
| 07/31/2026 07/31/26 | For Sale | $1,250,000 | -7.3% | $94 / Sq Ft |
| 06/22/2026 06/22/26 | Off Market | $1,349,000 | -- | -- |
| 09/12/2025 09/12/25 | For Sale | $1,349,000 | -- | $101 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $1,100,000 | Lawyers Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,000,000 | Construction | |
| Previous Owner | $935,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25216052
APN: 5020-016-011
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Ask me questions while you tour the home.