REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,690,000
Est. payment | /mo
7,528 Sqft Lot
$ 2,690,000
Est. payment | /mo
7,528 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25193404
HOA Y/N No
Lot Size 7,528 Sqft
Acres 0.17
Property Sub-Type Unimproved Land
Property Description
We proudly present 352 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.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Fireplace No
Exterior
Utilities Available Water/Sewer See Remarks, See Remarks
View Y/N true
View City Lights, Hills
Building
New Construction No
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
GET MORE INFORMATION
Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447