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Hyde Park Development Opportunity

6023 11th Avenue, Los Angeles, CA 90043

For Sale
$875,000

Four homes near Hyde Park Station, potential for 17 units.

Property Size2,436 SF
Days on Market224

Property Features for 6023 11th Avenue

General Information

Standard status Active
Size 2,436 SF
Property subtype Quadruplex

Site & Location

Neighborhood Hyde Park

Building Details

Building Size 2,436 SF
Year Built 1937
Listing Agency: Century 21 Diamond
Listed By: Bud Cabalu · License #01197234
Source: Truthrealty
Added: Mar 30 Changed: Nov 4 Last Checked: Nov 6 at 3:40PM

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 Century 21 Diamond

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Investment Insights

Based on property information with market context.

Located in the Hyde Park neighborhood of Los Angeles, this property features four single-story, free-standing homes. Situated two blocks from the Hyde Park Station on the Crenshaw/LAX Metro Transit Line (K Line), the location provides convenient access to various destinations, including Baldwin Hills Crenshaw Plaza, Kia Forum, SoFi Stadium, Intuit Dome, Hollywood Park Casino, Westfield Culver City, Los Angeles International Airport (LAX), The University of Southern California, and Crypto Arena. The property is zoned LAR3 Transit Oriented Community (TOC) Area Tier 3, allowing for the construction of up to 17 units. Reduced parking requirements and setback allowances apply, with no subterranean parking required and only 0.5 parking spaces per unit. The area has a walk score of 73, indicating it is very walkable, a bike score of 52, indicating it is bikeable, and a transit score of 55, indicating good transit. Residential Conventional or FHA financing options are available.

Key Highlights

  • LAR3 Transit Oriented Community (TOC) Area Tier 3 Zoning allows building up to 17 units.
  • Located 2 blocks from the Hyde Park Station (K Line) for easy access to transportation.
  • Four single‑story, free‑standing homes offer flexibility for owner‑users or investors.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Pharmacy Parking Lot & Garage

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

1,249
Businesses Nearby

Demographics for 90043, CA

46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four homes near Hyde Park Station, potential for 17 units.
Where is this residential land & home lot located?
The property is located at 6023 11th Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: LAR3 Transit Oriented Community (TOC) Area Tier 3 Zoning allows building up to 17 units.; Located **2 blocks from the Hyde Park Station (K Line)** for easy access to transportation.; Four single‑story, free‑standing homes offer flexibility for owner‑users or investors.
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