Redevelopment Opportunity with Approved
350 N Hayworth Ave Los Angeles, CA 90048
New
350 N Hayworth Ave, Los Angeles, CA, 90048
$2,495,000
For Sale
$2,495,000
Fire-damaged 4-unit building is slated for demolition on a 7,526-sq.-ft. LAR4-zoned, SB-8-exempt lot in Beverly Grove.
Property Size5,070 SF
Lot Size0.17 Acres
Price / SF$492.11
Days on Market7
Property Features for 350 N Hayworth Ave
General Information
- Standard status
- Active
- Size
- 5,070 SF
- Lot size
- 0.17 Acres
- Property subtype
- Land
Listing agency
(310) 908-5092
Listed by
Robert Sillman
(310) 908-5092
Source
Elliman
Added: Jul 16 Updated: Jul 21 at 4:28AM Checked: Jul 22 at 7:46AM
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 Robert Sillman
Investment Insights
Based on property information with market context.
350 N Hayworth Ave in Beverly Grove offers a redevelopment canvas with a vacant, fire-damaged 4-unit building that is ready for demolition. The site totals 7,526 square feet and is zoned LAR4, with an SB-8 exemption tied to being unoccupied for over five years.
Almost RTI-approved plans contemplate a 20-unit multifamily project featuring 16 one-bedroom, one-bathroom units and four two-bedroom, two-bathroom units, with three units designated as Extremely Low Income (ELI). The redevelopment program notes flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent.
Alternative scenarios described include a small-lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1).
Almost RTI-approved plans contemplate a 20-unit multifamily project featuring 16 one-bedroom, one-bathroom units and four two-bedroom, two-bathroom units, with three units designated as Extremely Low Income (ELI). The redevelopment program notes flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent.
Alternative scenarios described include a small-lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1).
Key Highlights
- Vacant, fire‑damaged 4‑unit building (5,070 SF) slated for demolition
- 7,526 SF lot zoned LAR4 in Beverly Grove (90048)
- SB‑8 exemption for being unoccupied for over five years
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fire-damaged 4-unit building is slated for demolition on a 7,526-sq.-ft. LAR4-zoned, SB-8-exempt lot in Beverly Grove.
Where is this quadplex located?
The property is located at 350 N Hayworth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Vacant, fire‑damaged 4‑unit building (5,070 SF) slated for demolition; 7,526 SF lot zoned LAR4 in Beverly Grove (90048); SB‑8 exemption for being unoccupied for over five years
