Permitted Hancock Park Development
For Sale
$2,295,000
833 N Las Palmas, Los Angeles, CA 90038
Approved plans for four single-family homes near Melrose.
Property SizeContact for details
Days on Market401
Property Features for 833 N Las Palmas
General Information
Standard status
Active
Listing Agency:
KELLER WILLIAMS REALTY LOS FELIZ
(323) 300-1000
Listed By:
GRANT LINSCOTT · License #01715002
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 KELLER WILLIAMS REALTY LOS FELIZ
Investment Insights
Based on property information with market context.
This property presents a development opportunity with fully approved plans and permits paid for the construction of four architectural small lot single-family homes. Located just north of Melrose in the Hancock Park area, the project is designed by Letter Four Architects. The plans detail four homes, each featuring 3 bedrooms and 3.5 bathrooms, with living spaces ranging from 1,920 to 2,110 square feet. Each home includes private roof decks offering city views, open floor plans, voluminous spaces, and 2-car garages. The existing Spanish-style home on the property features barreled ceilings, a large patio, and a grassy yard. This existing home is suitable for living in or renting out prior to commencing the new construction. The property will be delivered vacant and in "as is" condition, allowing for immediate commencement of the development project.
Key Highlights
- Fully approved and permits paid for construction of 4 single‑family homes.
- Prime Hancock Park location, just north of Melrose.
- Architecturally designed homes by Letter Four Architects, projected at $7,400,000+ worth of sales.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,912
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved plans for four single-family homes near Melrose.
Where is this residential land & home lot located?
The property is located at 833 N Las Palmas Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Fully approved and permits paid for construction of 4 single‑family homes.; Prime Hancock Park location, just north of Melrose.; Architecturally designed homes by Letter Four Architects, projected at $7,400,000+ worth of sales.
