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Listed by: Robert Sillman (310) 908-5092 DRE #02145409, Cameron Samimi DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,495,000
Monthly Est:$12,419
2 Beds
1 Bath
5,070sqft
350 N Hayworth Ave, Los Angeles, CA 90048
$2,495,000
$12,419/moEst:
Get Pre-Approved
Apartment
Built in 1927
$-- HOA
7,528 sqft lot
$492/sq.ft
Description
*DEVELOPMENT OPPORTUNITY* We proudly present 350 N Hayworth Ave—a prime redevelopment opportunity located in the heart of Beverly Grove, 90048. The property currently features a vacant, fire-damaged 4-unit building totaling 5,070 square feet and is ready for demolition. Sitting on a 7,526 square foot LAR4-zoned lot, the site benefits from an SB-8 exemption, as it has remained unoccupied for over five years. This exemption opens the door to a range of development options that do not require the replacement of low-income housing.
Almost RTI-approved plans include a 20-unit multifamily project consisting of 16 one-bedroom, one-bathroom units and 4 two-bedroom, two-bathroom units, with three designated as Extremely Low Income (ELI). There is flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent.
Alternative development scenarios include a small lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1). This site represents a rare blank canvas in one of Los Angeles' most sought-after neighborhoods, offering strong potential for a range of high-value development strategies. Reach out for Offering Memorandum & Feasibility Study.
- Houzeo last checked: 12 minutes ago
- Listing updated: June 22, 2026 at 3:27 pm
- Source: California Regional MLS-CA | MLS#: SB25252589
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1927
HOA Fees
-
Finished Area
5,070 sqft
Lot Size
7,528 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25252589
MLS Status
Active
Days on Market
363
Cumulative Days on Market
229
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Sewer
Public Sewer
Utilities & Energy
Utilities
See Remarks
Pool Features
None
Water Source
Public
Laundry Features
See Remarks
Other Features
Community Features
Sidewalks
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
11/05/2025 Source: | Price Decreased | $2,495,000 -10.89% $492/sqft |
06/02/2025 Source: | Price Increased | $2,800,000 +4.09% $552/sqft |
06/02/2025 Source: | Off Market | $2,690,000 -7.24% $531/sqft |
06/02/2025 Source: | Listed for Sale | $2,900,000 $572/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 03:00AM 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.
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