350 N Hayworth Avenue, Los Angeles, CA 90048
Local realty services provided by:ERA North Orange County Real Estate
350 N Hayworth Avenue,Los Angeles, CA 90048
$2,495,000
- - Beds
- - Baths
- 5,070 sq. ft.
- Multi-family
- Active
Listed by: robert sillman, cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25252589
Source:CRMLS
Price summary
- Price:$2,495,000
- Price per sq. ft.:$492.11
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 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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Home facts
- Year built:1927
- Listing ID #:SB25252589
- Added:103 day(s) ago
- Updated:February 16, 2026 at 05:32 PM
Rooms and interior
- Living area:5,070 sq. ft.
Structure and exterior
- Year built:1927
- Building area:5,070 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,495,000
- Price per sq. ft.:$492.11
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