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Buildable Fourplex Development Lot
For Sale
$825,000

715 E 41st Place, Los Angeles, CA 90011

SB-8 exempt flat lot with approved fourplex plans, including multiple private entries and dedicated outdoor space.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market142

Property Features for 715 E 41st Place

General Information

Standard status Active
Total Parking Spaces 10
Lot size 0.17 Acres
Property subtype Lots/Land
Listing Agency: Keller Williams Beverly Hills
Listed By: Shawn S. Kormondy · License #01451888
Source: Exitrealty
Added: Mar 21 Changed: Aug 8 Last Checked: Jun 30 at 8:02PM

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 Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

This SB-8 exempt, non-rent-controlled flat lot totals 7,320 SF and is delivered with approved plans for a fourplex. The design includes one 6BR/6BA single-family residence with a first-floor flex room and private entrance, one 3BR/3BA ADU, and two 4BR/4BA townhomes, each with additional flex space and private entrances. Each unit and flex room also includes private outdoor space. The prior structure has already been demolished, which reduces development start-up work, and the concept has been engineered to help manage construction costs by removing certain expensive structural elements.

The plan provides 9 permitted parking spaces plus 1 bonus space for a total of 10. The seller has also explored higher-density options using SB 1211, including concepts that could increase the number of units by combining a triplex and detached ADUs. One concept emphasizes maximizing living area, and another prioritizes parking; both would require further permitting and design adjustments.

For developers or operators seeking a streamlined build from existing approvals, the approved fourplex configuration offers multiple bedrooms and flex-ready layouts suited to student housing or master-lease strategies, along with separate private entrances per unit. The existing approvals and parking plan can help reduce early-stage planning risk while the demolition work is already complete.

Key Highlights

  • 7,320 SF SB‑8 exempt flat lot at 715 E 41st Pl with approved plans for a fourplex development.
  • Approved fourplex includes 1 x 6BR/6BA single‑family residence plus 1 x 3BR/3BA ADU and 2 x 4BR/4BA townhomes.
  • Each unit and flex room includes private outdoor space, with multiple private entrances planned.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Acupuncture

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

1,528
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - SB-8 exempt flat lot with approved fourplex plans, including multiple private entries and dedicated outdoor space.
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 $825,000.
What are key features of this property?
This property features: 7,320 SF SB‑8 exempt flat lot at 715 E 41st Pl with approved plans for a fourplex development.; Approved fourplex includes 1 x 6BR/6BA single‑family residence plus 1 x 3BR/3BA ADU and 2 x 4BR/4BA townhomes.; Each unit and flex room includes private outdoor space, with multiple private entrances planned.
More about this property
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