$1,199,000

Estimated payment $7,311/month

Total Views 226
28 Beds
28 Baths
8,000 Sq Ft
$150 Price per Sq Ft

About This Home

Rare RTI Development Opportunity in a Prime Los Angeles Location! Excellent opportunity for developers and investors to acquire a Ready-to-Issue (RTI) project for a proposed 28 bed / 28 bathroom (some units are showers, not bath) development. Plans and permits are anticipated to be ready for issuance in about 2 weeks, offering the next owner the opportunity to bring this project to life. Strategically located near USC, Exposition Park, BMO Stadium, Los Angeles Memorial Coliseum, Lucas Museum, and the Metro E (Expo) Line, this site offers convenient access to major educational, cultural, entertainment, and transportation hubs. This is not a completed building yet. The building can be completed; all utilities can be done separately.

Listing Agent

Julie Olsen

Olsen Realty Brokerage Phone: 949-735-7094 License #01435744 Listed on: 08/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026

Lot Details

  • 5,540 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 8,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 28 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 58
  • Assessor Parcel Number 5041032017

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2026

Lot Details

5,540 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5041032017
  • Year Built: 2026
  • Special Features: NewHome

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 149.88

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5540.00
  • Lot Size Acres: 0.1272

Multi Family

  • Lot Size Area: 5540.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract: ANDERSON AND BACH TRACT
  • Tax Tract Number: MB18-58

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,646 $702,780 $520,200 $182,580
2024 $10,583 $856,800 $601,800 $255,000
2023 $3,944 $303,138 $217,305 $85,833
2022 $3,771 $297,195 $213,045 $84,150
2021 $3,719 $291,368 $208,868 $82,500
2019 $3,613 $282,728 $202,674 $80,054
2018 $3,508 $277,185 $198,700 $78,485
2016 $3,350 $266,424 $190,985 $75,439
2015 $3,302 $262,423 $188,117 $74,306
2014 $3,323 $257,284 $184,433 $72,851
Source: Public Records

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 Prior Sale
08/03/2026 08/03/26 For Sale $1,199,000 +74.0% $150 / Sq Ft
02/21/2024 02/21/24 Sold $689,000 0.0% $554 / Sq Ft View Prior Sale
01/04/2024 01/04/24 Pending -- -- --
12/18/2023 12/18/23 Price Changed $689,000 -8.6% $554 / Sq Ft
11/20/2023 11/20/23 For Sale $753,500 -- $606 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Grant Deed $689,000 Servicelink
Trustee Deed $643,500 Accommodation/Courtesy Recordi
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $130,000 First Southwestern Title Co
Gift Deed -- --
Source: Public Records

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
Open $725,000 New Conventional
Closed $700,000 New Conventional
Previous Owner $396,000 Unknown
Previous Owner $227,200 Unknown
Previous Owner $62,820 Stand Alone Second
Previous Owner $104,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26169229

California Regional Multiple Listing Service (CRMLS)

APN: 5041-032-017

Your Personal Tour Guide

Ask me questions while you tour the home.