Ready-to-Build Fourplex Near
715 E 41st Place Los Angeles, CA 90011
715 E 41st Place, Los Angeles, CA, 90011
$850,000
For Sale
$850,000
SB-8 exempt lot with RTI plans for a fourplex.
Days on Market454
Property Features for 715 E 41st Place
General Information
- Standard status
- Active
Listing agency
MYUNITS.COM INC.
Listed by
LAUREN CEARLEY
Source
Corcoran
Added: Apr 24, 2025 Updated: Mar 16 at 9:09AM 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 MYUNITS.COM INC.
Investment Insights
Based on property information with market context.
This 7,320 square foot flat lot presents an opportunity to construct a new fourplex, situated 10 minutes from USC and Exposition Park. The property is SB-8 exempt and not subject to rent control. Ready-to-Issue (RTI) plans are included for a fourplex featuring a 6-bedroom, 6-bathroom single-family residence with a first-floor flex room and private access, a 3-bedroom, 3-bathroom Accessory Dwelling Unit (ADU), and two 4-bedroom, 4-bathroom townhomes with potential for ADU conversion due to added flex space with private entrances. The plans are designed to minimize construction costs, avoiding steel beams and non-aligning interior framing. The existing home has been demolished, saving on demolition costs. There are three large flex rooms (450 square feet or more) with private entrances and yard space, suitable for generating additional income. The plans include nine legal parking spaces and one bonus space, totaling ten spots. All units have bedroom sizes of 10' x 12' minimum, accommodating a queen-size bed and a computer desk. All units, including the flex rooms, have large usable private open spaces.
Key Highlights
- RTI plans included for a fourplex featuring a 6‑bedroom SFR, a 3‑bedroom ADU, and two 4‑bedroom townhomes.
- SB‑8 EXEMPT and NON‑RENT CONTROLLED, offering significant development advantages.
- Demolition is complete, saving over $50,000 and eliminating hassle.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Residential land & home lot - SB-8 exempt lot with RTI plans for a fourplex.
Where is this residential land & home lot located?
The property is located at 715 E 41st Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: RTI plans included for a fourplex featuring a 6‑bedroom SFR, a 3‑bedroom ADU, and two 4‑bedroom townhomes.; SB‑8 EXEMPT and NON‑RENT CONTROLLED, offering significant development advantages.; Demolition is complete, saving over $50,000 and eliminating hassle.