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Exceptional Investment Opportunity ! First Time on the Market in Over 50 Years! Strategically located in the rapidly evolving East Hollywood / Mid-Wilshire corridor of Los Angeles, this rare offering presents significant upside potential for investors and developers alike. Situated on a generously sized lot with R3 Multiple-Unit Zoning, the property offers substantial redevelopment opportunities in one of Los Angeles' most active rental and multifamily growth markets. Current zoning may allow for the development of 8+ units or potentially more (Buyer to independently verify with the City of Los Angeles). Ideal for a value-add investor seeking to reposition and convert the property into a multifamily apartment development capable of generating strong long-term cash flow and appreciation. The surrounding area continues to experience increasing rental demand, ongoing development activity, and rising market values. Additionally, the property offers flexibility as a long-term hold investment for buyers not immediately pursuing redevelopment. Vacant and ready for immediate acquisition and repositioning. This is a rare opportunity to secure a high-potential asset in one of Los Angeles' most dynamic and growth-oriented submarkets. Property to be SOLD "AS-IS, WHERE-IS!"
Property Type(s):
Single Family
| Last Updated | 5/22/2026 | Year Built | 1924 |
|---|---|---|---|
| Community | C17 - Mid-Wilshire | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Cooktop, Gas Oven, Refrigerator |
| AREA | C17 - Mid-Wilshire |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | None |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6521 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Paved, Wooded |
| LOT DIMENSIONS | 6523 |
| PARKING | Driveway, Paved, RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with REALTY MASTERS & ASSOCIATES
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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