1047 S Corning Street, Los Angeles, CA 90035
Local realty services provided by:ERA North Orange County Real Estate
1047 S Corning Street,Los Angeles, CA 90035
$2,495,000
- 0.11 Acres
- Lots / Land
- Active
Listed by: sally forster jones, marc sonnenthal
Office: compass310-230-5478
MLS#:26906761
Source:CRMLS
Price summary
- Price:$2,495,000
About this home
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.
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Home facts
- Listing ID #:26906761
- Added:28 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Structure and exterior
- Lot area:0.11 Acres
Finances and disclosures
- Price:$2,495,000
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