Active

350 N Hayworth Avenue

Los Angeles, CA 90048
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SqFt7,528

Sqft(Lot)

*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 covenan t 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.

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Detail Ic Property Details

Property Type : Land

Price : $2,495,000

AD Id : 68469874

MLS Id : SB25252593

Lot Size : 7,528 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1728
  • Lot Size Source: Assessor Lot Size Square Feet: 7528

  • Listing Price Information

    Original List Price: 2,495,000 Listing Contract Date: 2025-11-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5527036004

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C19 - Beverly Center-Miracle Mile Postal Code Plus 4: 2799 Directions: On the east side of North Hayworth Ave between Beverly Blvd and Oakwood Ave Zoning: LAR4 Source Property Type: Land Area: C19 - Beverly Center-Miracle Mile
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ByOwner last updated this listing 06/23/2026 @ 21:25

MLS: SB25252593 LISTED BY: Robert Sillman, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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