Address Upon Request - Highland Park RD1.5-1 Development Opportunity Lot • Résidentiel • 0,15 Acres • 1 777 984 $ CAD • Los Angeles, CA 90042

Prime developer opportunity steps from Figueroa in Highland Park. This SB-8 exempt 6,500 sq ft (approx) RD1.5-1 zoned lot measures 45' street frontage by 145' depth rectangular parcel. The lot is currently improved with a 2 bed/2 bath owner-occupied single family home and detached garage.??
Zoning and buildable envelope supports 4 base unit density by-right plus 2 ADU potential with 3:1 FAR, Height District 1 (33 feet / 3 stories) and standard setbacks. Efficient site layout achievable with on-site parking. Additional units may be achievable with future ADU conversions. An adjacent property with substantially identical lot size, configuration, and zoning was recently developed into six residential units under by-right approvals, providing practical precedent for comparable small-scale multifamily construction on the subject property.
Located in one of Northeast LA's strongest rental/resale pockets within the vibrant Highland Park neighborhood. Close proximity to Highland Park's York and Figueroa corridors. Easy access to freeways, Metro Gold Line, and Pasadena. Location with proven demand for new construction units.??Ideal for experienced small-lot developers and multifamily builders seeking straightforward execution in this high-demand submarket.
Buyer to independently verify all zoning, density, unit count, parking, FAR, and construction viability with LADBS, Planning, and appropriate professionals. Seller makes no representations regarding development potential. Property sold AS-IS.??Contact listing agent for address and Offering Memorandum.