Three-Parcel Multifamily Development
For Sale
$1,200,000
4117 Mission Road, Los Angeles, CA 90032
Advanced, nearly completed plans are in place for a 22-unit multifamily development with subterranean parking.
Property Size1,314 SF
Price / SF$913.24
Days on Market86
Property Features for 4117 Mission Road
General Information
Standard status
Active
Size
1,314 SF
Total Parking Spaces
29
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Multifamily Units
22
Building Details
Year Built
1952
Stories
3
Listing Agency:
HYNET REALTY
(323) 724-0000
Listed By:
HAGOP YAPOUJIAN · License #01005112
Source:
Xome
Added: May 12
Changed: Jul 10
Last Checked: Aug 5 at 4:36AM
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 HYNET REALTY
Investment Insights
Based on property information with market context.
Mission Lofts presents a three-parcel assemblage developed as an approximately 13,510 SF multifamily development opportunity. The project concept is a proposed 22-unit apartment community with contemporary architecture, planned as three stories over subterranean parking and approximately 31,458 SF of proposed building area. The proposed unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom homes. Plans also include 29 subterranean parking spaces. Survey, geotechnical work, architectural plans, site plans, floor plans, elevations, and development studies have been completed, with the development reported to be approximately 70% complete.
The assemblage is located at 4117 Mission Road in Northeast Los Angeles, with proximity to Los Angeles General Medical Center, the USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, public transportation, and regional freeways. The property’s surrounding corridor is described as continuing to receive both public and private investment, including healthcare expansion and urban infill growth.
For developers, builders, and investors, this offering is positioned as a substantially advanced multifamily development package, with completed planning materials and studies already underway. Because the project includes plans and reports that should be reviewed as part of due diligence, buyers are encouraged to independently verify all information, approvals, plans, reports, permits, and entitlements.
The assemblage is located at 4117 Mission Road in Northeast Los Angeles, with proximity to Los Angeles General Medical Center, the USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, public transportation, and regional freeways. The property’s surrounding corridor is described as continuing to receive both public and private investment, including healthcare expansion and urban infill growth.
For developers, builders, and investors, this offering is positioned as a substantially advanced multifamily development package, with completed planning materials and studies already underway. Because the project includes plans and reports that should be reviewed as part of due diligence, buyers are encouraged to independently verify all information, approvals, plans, reports, permits, and entitlements.
Key Highlights
- Nearly completed plans for a proposed 22‑unit multifamily development with subterranean parking
- Three‑parcel assemblage totaling approx. 13,510 SF in Northeast Los Angeles (corner lot)
- Plans show a proposed building area of approx. 31,458 SF with three stories over subterranean parking
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Advanced, nearly completed plans are in place for a 22-unit multifamily development with subterranean parking.
Where is this apartment building located?
The property is located at 4117 Mission Road Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Nearly completed plans for a proposed 22‑unit multifamily development with subterranean parking; Three‑parcel assemblage totaling approx. 13,510 SF in Northeast Los Angeles (corner lot); Plans show a proposed building area of approx. 31,458 SF with three stories over subterranean parking
