Property summary
This exceptional 7,259 square foot lot presents a compelling investment opportunity in Los Angeles's burgeoning Westlake neighborhood. Located at 311 Firmin St, Los Angeles, CA 90026, this R4(CW)-75/3-0 zoned parcel offers significant potential for high-density residential development. The area has seen substantial revitalization in recent years, with hundreds of new residential units constructed nearby. The property boasts stunning city light views of the Downtown Los Angeles skyline and is conveniently located near major attractions including Crypto.com Arena, Dodger Stadium, and cultural institutions. Priced at $700,000 ($96.43 per square foot), this site is an attractive proposition for developers seeking to capitalize on the area's growth. The property's APN is 5160-022-036. The lot can be purchased individually or combined with adjacent parcels (APN 5160-022-034 and -035) for a larger development project. The existing zoning allows for multi-family communities, and the property qualifies for the City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program (Tier 2, verification required). Buyer is responsible for verifying all information and square footage.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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