For Sale
Land for sale at 1047 S Corning St, Los Angeles, CA 90035 | MLS# 26906761 | Listing updated on 2026-09-07
Photo 1 of Land for sale at 1047 S Corning St, Los Angeles, CA 90035 | MLS# 26906761 | Listing updated on 2026-09-07
Photo 2 of Land for sale at 1047 S Corning St, Los Angeles, CA 90035 | MLS# 26906761 | Listing updated on 2026-09-07
Photo 3 of Land for sale at 1047 S Corning St, Los Angeles, CA 90035 | MLS# 26906761 | Listing updated on 2026-09-07
Photo 4 of Land for sale at 1047 S Corning St, Los Angeles, CA 90035 | MLS# 26906761 | Listing updated on 2026-09-07
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Listed by: Sally Forster Jones (310) 579-2200 DRE #00558939, Marc Sonnenthal DRE #01466238 | Compass (310) 230-5478

$2,495,000

Monthly Est:$12,419

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon4,862sqft lot

1047 S Corning St, Los Angeles, CA 90035

$12,419/moEst:

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  • Land

  • Built in -

  • $-- HOA

  • 4,862 sqft lot

  • $513/sq.ft

Description

RTI: A vacant, R3 infill development site in Pico-Robertson / Faircrest Heights, minutes from Beverly Hills. On this street, value is the land and density. Offered as-is. The project architect has advanced pre-application plans for a 6-story, 15-16 unit building (12 market-rate + 3 very-low-income) over a subterranean garage, moving the site from 6 units by-right to 1516 via Transit Oriented incentives, a 22-ft height bonus to 67 ft, and zero required parking (AB 2097). That density is the value engine, and the basis for pricing per buildable unit rather than as an occupied home.

  • Houzeo last checked: 1 minute ago
  • Listing updated: September 7, 2026 at 12:42 am
  • Source: California Regional MLS-CA | MLS#: 26906761 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    South Carthay

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4,862 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26906761

  • MLS Status

    Active

  • Days on Market

    22

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Price History

DateEventPrice

08/28/2026

Source: mls_logoCalifornia Regional MLS-CA #26906761

Listed for Sale

$2,495,000 +78.21%

$0/sqft

09/04/2018

Source: mls_logoCalifornia Regional MLS-CA #18331294

Price Decreased

$1,400,000 -4.79%

$0/sqft

04/23/2018

Source: mls_logoCalifornia Regional MLS-CA #18331294

Sold

$1,470,500

$0/sqft

Find Homes by Property Features in Los Angeles, CA

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 04:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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