715 E 41St Pl Los Angeles, CA 90011
SB-8 exempt lot with RTI plans for a fourplex.
Property Features for 715 E 41St Pl
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agent: Lauren Cearley
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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 ...
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.26308
- Latitude
- 34.00835
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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 Pl 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.