350 Hayworth Avenue, Los Angeles, CA 90048

Los Angeles
Local realty services provided by:ERA Excel Realty
350 Hayworth Avenue,Los Angeles, CA 90048
$2,495,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: robert sillman
Office: lyon stahl investment real estate, inc.
MLS#:SB25252593
Source:MLSListings

Price summary

  • Price:$2,495,000

About this home

*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...

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Home facts

  • Listing ID #:SB25252593
  • Added:238 day(s) ago
  • Updated:July 01, 2026 at 04:36 PM

Structure and exterior

  • Lot area:0.17 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,495,000
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