RTI Ready Los Angeles
For Sale
$1,090,000
706 E 21st, Los Angeles, CA 90011
Ready-to-build Los Angeles development site with approved plans for nine units.
Property SizeContact for details
Days on Market398
Property Features for 706 E 21st
General Information
Standard status
Active
Listing Agency:
HOME TEAM REALTY
Listed By:
PARVIZ PETER DALILI
Source:
Corcoran
Added: Jul 9, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 HOME TEAM REALTY
Investment Insights
Based on property information with market context.
This property is a ready-to-build site with approved plans for three separate buildings. Each building is planned to be three stories. The first building is designed for three units, each featuring three bedrooms and three bathrooms. The second and third buildings will also be three stories, with the first floor of each designated as storage. Upon obtaining the certificate of occupancy for seven units, the plans allow for the construction of two additional units. The completed development will consist of nine units, each with three bedrooms and three bathrooms.
Key Highlights
- RTI (Ready To Issue) permits allow for immediate construction of 3 separate buildings.
- Approved for 7 units initially, with the option to build 2 additional units after certificate of occupancy, for a total of 9 units.
- Each unit features 3 bedrooms and 3 bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,060
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Ready-to-build Los Angeles development site with approved plans for nine units.
Where is this commercial land located?
The property is located at 706 E 21st Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: RTI (Ready To Issue) permits allow for immediate construction of 3 separate buildings.; Approved for 7 units initially, with the option to build 2 additional units after certificate of occupancy, for a total of 9 units.; Each unit features 3 bedrooms and 3 bathrooms.
