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    516 N Rustic Dr Los Angeles, CA 90065

    For Sale
    $38,500

    LAND - Los Angeles, CA

    Lot size:
    0.08 Acres
    Days on Market:
    235
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 516 N Rustic Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR1
    APN
    5466-014-021
    Lot size
    0.08 Acres

    sotheby's international realty (323) 665-1700 x2360 [email protected]

    Listing agent Elizabeth Daly (323) 665-1700 License #02012985

    Listing date Apr 21, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Land with Canyon Views

    This residential land is located in Los Angeles, California. The property, zoned LAR1, offers city and canyon views on the historic side of Mt. Washington, with convenient access to the Southwest Museum Metro Stop and the amenities of Highland Park. It is also zoned for Mt. Washington Elementary. The lot size is 0.0765 acres. The property is one of the best-priced parcels on the mountain. Adjacent lots at 520 and 524 N. Rustic are also for sale by a different owner, presenting a rare opportunity to build a compound. This lot is suitable for building a home and enjoying sunsets, while being close to the Northeast Los Angeles community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.209205
    Latitude
    34.105178

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    FAQs

    What type of property is this?
    Land - Buildable lot with city and canyon views in Los Angeles.
    Where is this land located?
    The property is located at 516 N Rustic Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $38,500.
    What are key features of this property?
    This property features: - Best priced parcel on Mt. Washington.; - Lush city and canyon views.; - Zoned for Mt. Washington Elementary.
    (323) 665-1700
    Request Owner's contact information
    516 N Rustic Dr Los Angeles, CA 90065
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    Los Angeles, CA 90065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 N Rustic Dr Los Angeles, CA 90065
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