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    1427 S Bedford St Los Angeles, CA 90035

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    For Sale
    Contact for pricing

    Development opportunity to build up to 16 units.

    Lot size:
    0.15 Acres

    Property Features for 1427 S Bedford St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1929

    Source: Shiva Monify Agent Shiva Monify

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

    Overview

    Development Opportunity in Pico-Robertson

    This property presents a development opportunity in the Pico-Robertson area. The 6,499 square foot lot is located south of West Pico Boulevard, between Robertson and La Cienega, within the TOC Tier 3 area. Zoned R3, the parcel has 50 feet of frontage on Bedford Street. The site currently has a duplex. The property could be delivered vacant at the close of escrow. An expired permit issued in 2018 exists for this site for 8 units, including six 3-bedroom, 2.5-bathroom units, one 1-bedroom, 1-bathroom unit, and one studio, with 15 parking spaces (including 2 handicapped), and a washer and dryer in each unit. The location is in the 90035 zip code, a densely populated, upscale urban area in Los Angeles, California. The average home value in this area is $851,300, and the average family income is $90,648 per year. The property is located in a strong rental market and could accommodate up to 16 units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -118.38076
    Latitude
    34.05339

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    FAQs

    What type of property is this?
    Residential land & home lot - Development opportunity to build up to 16 units.
    Where is this residential land & home lot located?
    The property is located at 1427 S Bedford St Los Angeles, CA.
    What are key features of this property?
    This property features: - Development opportunity to build up to 16 units in a TOC Tier 3 area.; - Prime location in the desirable Pico-Robertson area, south of W. Pico Blvd.; - R3 zoning on a 6,499 SF lot with 50 FT frontage.
    (310) 892-6892
    Request Owner's contact information
    1427 S Bedford St Los Angeles, CA 90035
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    Los Angeles, CA 90035
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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
    1427 S Bedford St Los Angeles, CA 90035
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