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Larchmont Village Development Opportunity 507 N Larchmont Blvd 1,431 SF Office Building Los Angeles, CA 90004 $4,099,783 CAD ($2,864.98 CAD/SF)



Investment Highlights
- high walkable score of 92
- ultra desirable neighborhood
- adjacent to restaurants and shops
- mixed use development opportunity of commercial / residential multi unit
Executive Summary
Situated in the heart of one of Los Angeles' most charming and sought-after neighborhoods, this exceptional property offers a rare opportunity in the vibrant Larchmont Village corridor. Located along the iconic tree-lined Larchmont Boulevard, the property sits just moments from popular cafs, restaurants, boutique shops, and neighborhood amenities that define the unique character of the area. The existing residence features approximately 1,431 square feet of living space on a generous ~7,000 square foot lot, providing flexibility for an owner-user, investor, or developer seeking a premier location in central Los Angeles. With LAC2 zoning, the property presents significant potential for a variety of future uses including residential, mixed-use, or boutique commercial development (buyer to verify). Surrounded by established neighborhoods including Hancock Park, Windsor Square, and Koreatown, the property benefits from strong demographics, consistent foot traffic, and excellent accessibility to major thoroughfares such as Wilshire Boulevard, Melrose Avenue, and Hollywood. Whether preserved as a charming residence or reimagined as a new development opportunity, 507 N Larchmont Blvd offers a rare chance to acquire property on one of Los Angeles' most beloved neighborhood streets.A unique opportunity in the heart of Larchmont Village.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
1,431 SF
Building Class
C
Year Built
1921
Price
$4,099,783 CAD
Price Per SF
$2,864.98 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,431 SF
Building FAR
0.21
Lot Size
0.16 AC
Zoning
LAC2 - LAC2 zoning; mixed use of commercial / residential multi unit
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 5523-016-021 | Improvements Assessment | $449,862 CAD |
| Land Assessment | $1,799,462 CAD | Total Assessment | $2,249,324 CAD |
Property Taxes
Parcel Number
5523-016-021
Land Assessment
$1,799,462 CAD
Improvements Assessment
$449,862 CAD
Total Assessment
$2,249,324 CAD
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Larchmont Village Development Opportunity | 507 N Larchmont Blvd
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