$2,800,000
$100K PRICE DROP

350 N Hayworth Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated payment $18,276/month

Total Views 1,324
0.17 Acre
$16,203,704 Price per Acre
7,528 Sq Ft Lot

About This Lot

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

Bobby Sillman

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 06/02/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,381

Lot Details

  • 7,528 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR4

Property Views

  • City Lights
  • Hills

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 305
  • Tax Tract Number 6790
  • Assessor Parcel Number 5527036004
  • $700 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$33,381

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LAR4
  • Property Type: Land
  • Parcel Number: 5527036004
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 371.94

Exterior Features

  • View: City Lights, Hills

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7528.00
  • Lot Size Acres: 0.1728

Multi Family

  • Lot Size Area: 7528.0000 Square Feet

Tax Info

  • Tax Census Tract: 1945.00
  • Tax Lot: 305
  • Tax Tract Number: 6790
  • TaxOtherAnnualAssessmentAmount: 700.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25117520

California Regional Multiple Listing Service (CRMLS)

APN: 5527-036-004

California Los Angeles County Los Angeles 90048 Beverly Grove

350 N Hayworth Ave, Los Angeles, CA

This home is located at 350 N Hayworth Ave, Los Angeles, CA 90048 and is currently priced at $2,800,000. 350 N Hayworth Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Gindi Maimonides Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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Listing Agent
Bobby Sillman
Section Image
Lyon Stahl Investment Real Estate, Inc.
(310) 230-5478