Description
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.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50056168
Sell a home like this and save $173,501 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1728
- Lot Size Source: Assessor
- Lot Size Square Feet: 7528
-
Listing Information
Listing Price Information
- Original List Price: 2,900,000
- Listing Contract Date: 2025-05-28
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5527036004
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C19 - Beverly Center-Miracle Mile
- Postal Code Plus 4: 2799
- Directions: On the east side of North Hayworth Ave between Beverly Blvd and Oakwood Ave
- Zoning: LAR4
- Source Property Type: Land
- Area: C19 - Beverly Center-Miracle Mile
Building and Construction
- Year Built Source: Vendor Enhanced
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 06/15/2025 @ 14:48
- MLS: SB25117520
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,528 sized lot, and 0 parking. are nearby neighborhoods.