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715 E 41st Place Los Angeles, CA 90011

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For Sale
$850,000

SB-8 exempt lot with RTI plans for a fourplex.

Added:
Apr 24, 2025
Days on Market:
362
Last Refresh:
Mar 16 at 9:09 am

Property Features for 715 E 41st Place

General Information

Standard status
Active

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Listing Contact
LAUREN CEARLEY

Listing agent LAUREN CEARLEY

Listing office MYUNITS.COM INC.

Listing date Apr 24, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of MYUNITS.COM INC.


Overview

Ready-to-Build Fourplex Near USC

This 7,320 square foot flat lot presents an opportunity to construct a new fourplex, situated 10 minutes from USC and Exposition Park. The property is SB-8 exempt and not subject to rent control. Ready-to-Issue (RTI) plans are included for a fourplex featuring a 6-bedroom, 6-bathroom single-family residence with a first-floor flex room and private access, a 3-bedroom, 3-bathroom Accessory Dwelling Unit (ADU), and two 4-bedroom, 4-bathroom townhomes with potential for ADU conversion due to added flex space with private entrances. The plans are designed to minimize construction costs, avoiding steel beams and non-aligning interior framing. The existing home has been demolished, saving on demolition costs. There are three large flex rooms (450 square feet or more) with private entrances and yard space, suitable for generating additional income. The plans include nine legal parking spaces and one bonus space, totaling ten spots. All units have bedroom sizes of 10' x 12' minimum, accommodating a queen-size bed and a computer desk. All units, including the flex rooms, have large usable private open spaces.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.263
Latitude
34.0084

FAQs

What type of property is this?
Residential land & home lot - SB-8 exempt lot with RTI plans for a fourplex.
Where is this residential land & home lot located?
The property is located at 715 E 41st Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: RTI plans included for a fourplex featuring a 6‑bedroom SFR, a 3‑bedroom ADU, and two 4‑bedroom townhomes.; SB‑8 EXEMPT and NON‑RENT CONTROLLED, offering significant development advantages.; Demolition is complete, saving over $50,000 and eliminating hassle.
More about this property
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