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Development Opportunity with Downtown Views
For Sale
$265,000

2831 Prewett Street, Los Angeles, CA 90031

Sizable lot in Lincoln Heights with downtown views.

Property SizeContact for details
Days on Market476

Property Features for 2831 Prewett Street

General Information

Standard status Active
Listing Agency: KELLER WILLIAMS REALTY
Listed By: EDUARDO AGUERO
Source: Corcoran
Added: May 18, 2025 Changed: Mar 16 Last Checked: Sep 4 at 6:14AM

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 KELLER WILLIAMS REALTY

Investment Insights

Based on property information with market context.

This property presents a development opportunity on a sizable lot in Lincoln Heights, offering views of downtown Los Angeles. The site is located on a hill overlooking the city. Renderings depict a modern retreat with the potential to build over 3000 square feet, with options for incorporating an Accessory Dwelling Unit (ADU); however, prospective buyers should conduct their own due diligence with the city. A survey and topography report have been completed. The property is suitable for an owner-user or developer. It is situated in close proximity to restaurants, freeways, and downtown.

Key Highlights

  • Spectacular, unobstructed views overlooking downtown LA.
  • Development opportunity on a sizable lot.
  • Featured in a Toyota Super Bowl commercial.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Sizable lot in Lincoln Heights with downtown views.
Where is this residential land & home lot located?
The property is located at 2831 Prewett Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Spectacular, unobstructed views overlooking downtown LA.; Development opportunity on a sizable lot.; Featured in a Toyota Super Bowl commercial.
More about this property
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