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Entitled Multifamily Land Site
For Sale
Contact for pricing
Pending

3844 W 27th St, Los Angeles, CA 90018

Shovel-ready, fully entitled land site for development of 16 market-rate units.

Property SizeContact for details
Days on Market123

Property Features for 3844 W 27th St

General Information

Standard status Pending
Property subtype Multifamily, Land

Additional Details

Multifamily Units 16
Listing Agency: CBRE LA
Listed By: Ed Matevosian · License #CA Lic. 01358783
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:11PM

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 CBRE LA

Investment Insights

Based on property information with market context.

CBRE, Inc., as the exclusive advisor, is pleased to present the opportunity to purchase an entitled multifamily land site at 3844 W 27th St in Los Angeles. The site is described as shovel-ready, with entitlement in place for the development of 16 market-rate units, allowing the new owner to begin construction as they wish.

The property is positioned in the West Adams / Jefferson Park area. The remarks note that a large portion of the area has been designated historic, which the seller characterizes as a rare opportunity to build brand new multifamily product in a market where new multifamily construction is described as limited.

Key Highlights

  • Entitled, shovel‑ready multifamily land site in West Adams / Jefferson Park, Los Angeles
  • Fully entitled for 16 market‑rate units
  • Construction can begin as soon as the new owner wishes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Pharmacy

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

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,376
Businesses Nearby

Demographics for 90018, CA

50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready, fully entitled land site for development of 16 market-rate units.
Where is this residential land & home lot located?
The property is located at 3844 W 27th St Los Angeles, CA.
What are key features of this property?
This property features: Entitled, shovel‑ready multifamily land site in West Adams / Jefferson Park, Los Angeles; Fully entitled for 16 market‑rate units; Construction can begin as soon as the new owner wishes
More about this property
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