Three-Lot Urban Development
For Sale
Contact for pricing
Pending
4623-4631 Beverly Blvd, Los Angeles, CA 90004
Assemblage of vacant parcels with documented multifamily development potential and access to a Tier 3 TOC incentive program.
Property SizeContact for details
Days on Market142
Property Features for 4623-4631 Beverly Blvd
General Information
Standard status
Pending
Property subtype
Multifamily, Land
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2808
Listed By:
Filip Niculete · License #CA 01905352
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 1:12AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This three-parcel assemblage covers 0.48 acres, or 21,000 square feet, at 4623-4631 Beverly Blvd in Los Angeles. Existing structures are vacant and have been unoccupied for more than 2 years. The property is positioned for redevelopment, with stated potential for up to 91 units within a 73,121-square-foot building envelope through the Tier 3 Transit Oriented Communities incentive program.
The stated maximum program scenario includes at least 10% affordable housing, represented by 9 units, with 82 market-rate units. AB-2221 and applicable ADU provisions are identified as supporting up to 22 additional accessory dwelling units, bringing the stated total potential to 113 units without expanding the building envelope or adding affordable-unit requirements. The 97 Walk Score and central Los Angeles location provide additional context for evaluating the site, while buyers should independently confirm development parameters, approvals, and applicable regulations.
The stated maximum program scenario includes at least 10% affordable housing, represented by 9 units, with 82 market-rate units. AB-2221 and applicable ADU provisions are identified as supporting up to 22 additional accessory dwelling units, bringing the stated total potential to 113 units without expanding the building envelope or adding affordable-unit requirements. The 97 Walk Score and central Los Angeles location provide additional context for evaluating the site, while buyers should independently confirm development parameters, approvals, and applicable regulations.
Key Highlights
- Three‑lot assemblage totaling 0.48 acres and 21,000 square feet
- Potential for up to 91 units within a 73,121‑square‑foot building envelope
- Tier 3 status under the Transit Oriented Communities incentive program
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,461
Businesses Nearby
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Assemblage of vacant parcels with documented multifamily development potential and access to a Tier 3 TOC incentive program.
Where is this commercial land located?
The property is located at 4623-4631 Beverly Blvd Los Angeles, CA.
What are key features of this property?
This property features: Three‑lot assemblage totaling 0.48 acres and 21,000 square feet; Potential for up to 91 units within a 73,121‑square‑foot building envelope; Tier 3 status under the Transit Oriented Communities incentive program
