350 N Hayworth Ave Los Angeles, CA 90048
Beverly Grove NeighborhoodEstimated payment $18,276/month
Total Views
1,330
2
Beds
1
Bath
5,070
Sq Ft
$552
Price per Sq Ft
Highlights
- City Lights View
- No HOA
- Laundry Room
About This Home
*DEVELOPMENT OPPORTUNITY* We proudly present 350 N Hayworth Ave—a prime redevelopment opportunity located in the heart of Beverly Grove, 90048. The property currently features a vacant, fire-damaged 4-unit building totaling 5,070 square feet and is ready for demolition. Sitting on a 7,526 square foot LAR4-zoned lot, the site benefits from an SB-8 exemption, as it has remained unoccupied for over five years. This exemption opens the door to a range of development options that do not require the replacement of low-income housing.
Almost RTI-approved plans include a 20-unit multifamily project consisting of 16 one-bedroom, one-bathroom units and 4 two-bedroom, two-bathroom units, with three designated as Extremely Low Income (ELI). There is flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent.
Alternative development scenarios include a small lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1). This site represents a rare blank canvas in one of Los Angeles' most sought-after neighborhoods, offering strong potential for a range of high-value development strategies. Reach out for Offering Memorandum & Feasibility Study.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 06/02/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $33,381
Year Built
- Built in 1927
Lot Details
- 7,528 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Open Parking Space
- 4 Car Garage
Property Views
- City Lights
- Hills
Home Design
- Apartment
Interior Spaces
- 5,070 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Listing and Financial Details
- Tax Lot 305
- Tax Tract Number 6790
- Assessor Parcel Number 5527036004
- $700 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $33,381 | $2,724,416 | $1,842,832 | $881,584 |
| 2023 | $32,736 | $2,670,998 | $1,806,699 | $864,299 |
| 2022 | $31,325 | $2,627,945 | $1,681,885 | $946,060 |
| 2021 | $30,932 | $2,576,417 | $1,648,907 | $927,510 |
| 2020 | $31,252 | $2,550,000 | $1,632,000 | $918,000 |
| 2019 | $30,006 | $2,500,000 | $1,600,000 | $900,000 |
| 2018 | $11,841 | $945,551 | $540,318 | $405,233 |
| 2016 | $11,288 | $908,837 | $519,338 | $389,499 |
| 2015 | $11,127 | $895,187 | $511,538 | $383,649 |
| 2014 | $11,185 | $877,652 | $501,518 | $376,134 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $2,800,000 | -3.4% | -- |
| 06/02/2025 06/02/25 | For Sale | $2,900,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $2,500,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Equity Title | |
| Individual Deed | $700,000 | Equity Title Company | |
| Grant Deed | $265,000 | Chicago Title Company | |
| Trustee Deed | $301,289 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $750,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $349,000 | Unknown | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $350,000 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25122514
APN: 5527-036-004
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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