Development Opportunity Near
For Sale
$825,000
715 E 41st Pl, Los Angeles, CA 90011
LAND - Los Angeles, CA
Property SizeContact for details
Lot Size0.17 Acres
Days on Market147
Property Features for 715 E 41st Pl
General Information
Property type
Land
Property subtype
Other
Zoning
LARD2
View
City
Directions
South of Martin Luther King Jr Blvd, east of Avalon Blvd. Lot is on 41st Pl between Avalon & McKinley Ave
Subdivision
Downtown L.A.
Standard status
Active
APN
5115-001-028
Lot size
0.17 Acres
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Shawn S. Kormondy · License #01451888
(323) 638-7567
Added: Mar 13
Changed: Apr 15
Last Checked: Aug 6 at 10:06AM
MLS# 26664257
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,320 SF flat lot presents a development opportunity near USC and Exposition Park. The property is SB-8 exempt and not subject to rent control. Approved plans are included for a fourplex, featuring one 6BR/6BA single-family residence with a flex room and private entrance, one 3BR/3BA ADU, and two 4BR/4BA townhomes with flex space and private entrances that offer potential for future ADU conversion. The project design aims to reduce construction costs by eliminating steel beams and complex cantilevers. The previous structure has been demolished. Plans include 9 permitted parking spaces plus 1 bonus space, spacious bedrooms, and private outdoor spaces for each unit and flex room. The seller has explored higher-density options utilizing SB 1211, potentially allowing up to 6 units with a triplex and three detached ADUs. One concept maximizes living area with approximately 9,000 SF, 18 bedrooms, and 15 bathrooms, while another prioritizes parking with approximately 7,500 SF, 15 bedrooms, 15 bathrooms, and up to 6 parking spaces. There is also potential for a 7-unit configuration by converting garage space in the triplex design. The property is zoned LARD2 and located in Los Angeles, CA 90011.
Key Highlights
- Approved plans for a fourplex on a 7,320 SF SB‑8 exempt lot near USC and Exposition Park.
- Plans include one 6BR/6BA SFR, one 3BR/3BA ADU, and two 4BR/4BA townhomes, all with private outdoor spaces.
- Engineered plans reduce construction costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 7,320 SF lot with approved fourplex plans near USC.
Where is this residential land & home lot located?
The property is located at 715 E 41st Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approved plans for a fourplex on a 7,320 SF SB‑8 exempt lot near USC and Exposition Park.; Plans include one 6BR/6BA SFR, one 3BR/3BA ADU, and two 4BR/4BA townhomes, all with private outdoor spaces.; Engineered plans reduce construction costs.
