Pending

726 Hartford Avenue

Los Angeles, CA 90017
Mark as Favorite
SqFt18,705

Sqft(Lot)

We are proud to present for sale 726-740 Hartford Ave, a rare high-density development opportunity perfect for a developer utilizing LA City and State Incentives like ED1 and AB 2334. Project density is only limited by construction type choice, as AB 2334 allows for unlimited density, and the base zoning has no height limitation. The City of Los Angeles requires 100% affordable projects to be approved via a ministerial path, without a lengthy entitlement process. As a 100% affordable project, rents are limited to approximately $1,777 for Studios and $1,920 for 1 Beds which allows a developer to achieve a compelling rent per square foot if units are efficiently designed. No parking is required as the project is located close to transit. The location is within a half mile of LA Live/Crypto A rea, and DTLA. Koreatown is a short 5 minute drive to the east, and is in close proximity to the 110, 10 and 101 freeways. The project can offer residents a unique urban lifestyle with access to cultural amenities, employment, entertainment, and education opportunities without the need to rely on automobiles. Downtown LA remains city's largest employment cluster, providing 16% of its jobs, and 47% of its office space. Downtown is home to over 90,000 residents, making it one of LA's most populous neighborhoods, with over 25,000 new residential units delivered since 2010. The immediate area around the project is home to many USC students and young professionals and is walkable to two popular concert venues. This is an ideal location to purse an ED1 project, a developer can deliver a product affordable to residents who benefit from Downtown LA amenities and access to transit.

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Detail Ic Property Details

Property Type : Land

Price : $6,500,000

AD Id : 57728478

MLS Id : 24414477

Lot Size : 18,705 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4294
  • Lot Size Source: Other Lot Size Square Feet: 18705

  • Listing Price Information

    Original List Price: 6,500,000 Listing Contract Date: 2024-07-12
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5143009005

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 4404 Directions: West on 8th Street, North on Hartford Avenue Zoning: R5(CW)-U/6 Source Property Type: Land Area: C42 - Downtown L.A.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1310 W 6th Street, Los Angeles, CA, 90017 $4,495,000 -- -- -- 22,611 Sqft(Lot)
1306 Linwood Avenue, Los Angeles, CA, 90017 $4,000,000 -- -- -- 19,026 Sqft(Lot)

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ByOwner last updated this listing 06/18/2026 @ 20:18

MLS: 24414477 LISTED BY: Oron Maher, Maher Commercial Realty 310-464-1453 SOURCE: CRMLS

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