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Shovel-Ready Residential Building Lot
For Sale
$450,000

408 Museum Dr, Los Angeles, CA 90065

Shovel-ready lot with approved permits for a 3-bedroom, 2-bath, three-level home with 2-car garage.

Property SizeContact for details
Days on Market224

Property Features for 408 Museum Dr

General Information

Standard status Active
Total Parking Spaces 2
Property subtype LAND

Site & Location

Neighborhood Mount Washington

Building Details

Stories 3
Listing Agency: Nelson Shelton & Associates
Listed By: Andre Bohbot · License #00932613
Source: Milsteinestates
Added: Mar 17 Changed: Oct 25 Last Checked: Oct 25 at 2:16PM

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 Nelson Shelton & Associates

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Investment Insights

Based on property information with market context.

This residential land parcel is shovel-ready with grading work completed through a pre-inspection process. The property has approved permits for construction of a three-level home featuring three bedrooms, two bathrooms, and a two-car garage.

The lot is located in Mount Washington, positioned between Downtown Los Angeles and South Pasadena. It is described as within walking distance of the Figueroa District Metro and the Southwest Museum of the American Indian.

For buyers looking to build on their own timeline, the combination of approved permits and completed pre-construction grading can help streamline the early stages of development. The seller indicates willingness to cooperate during construction, which may support smoother coordination from permit status through build-out.

Key Highlights

  • Shovel‑ready lot with approved permits for a three‑level home
  • Proposed home includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
  • PR inspection/grading is done

Property Analytics

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Suggested Use

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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

518
Businesses Nearby

Demographics for 90065, CA

44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready lot with approved permits for a 3-bedroom, 2-bath, three-level home with 2-car garage.
Where is this residential land & home lot located?
The property is located at 408 Museum Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Shovel‑ready lot with approved permits for a three‑level home; Proposed home includes 3 bedrooms, 2 bathrooms, and a 2‑car garage; PR inspection/grading is done
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