Los Angeles, CA 90019,1327 West
Los Angeles, CA 90019,1327 West
Los Angeles, CA 90019,1327 West
7
$1,250,000
$1,350,000
7.4%
Est.Price: ?

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1327 West Los Angeles, CA 90019

Est. payment /mo
SOLD DATE : 07/18/2025

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Key Details

Sold Price $1,250,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25094278

Sold Date 07/18/25

Property Sub-Type Lots/Land

Property Description

Fully RTI-approved project in a high-demand, transit-accessible pocket of Mid-Wilshire. This 7,406 SF R4-zoned lot (TOC Tier 2) comes with Ready-To-Issue permits for a 27-unit 100% affordable housing development, including 26 one-bedroom units and one studio. Approved plans offer approximately 12,940 SF of rentable space and 15,360 SF of gross building area. Projected monthly income is approximately $62,928, based on HACLA Section 8 rentsoffering strong long-term cash flow and attractive cap rate potential. Located in 90019, a centrally located, rapidly growing neighborhood with easy access to major employment hubs including Downtown LA, Culver City, and Beverly Hills. The property is close to public transit, Metro lines, and major freeways, making it ideal for tenants who value connectivity. Surrounded by a strong rental market, cultural amenities, retail, and diningthis is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving Los Angeles location.

Location

State CA

County Los Angeles

Direction West Blvd. Between Pico & Venice

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 5083033018

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MLS Router / San Diego MLS
Listed by Rana Khanjani Sync Brokerage
Bought with Julian Nan Julian Nan

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agent

Jocelyn Lomahan

Realtor | License ID: 01341830

+1(858) 204-2323

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