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Sold for $1,250,000
  • Listed by: Sync Brokerage • Rana Khanjani • Contact: 818-723-9071
    Bought with: Del Rey Residential
    $1,250,000

    1327 West Blvd Lot 175, Los Angeles, CA 90019

    --beds
    --baths
    7,406Square Feet
    Unimproved Land
    Built in ----
    7,406 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Not available

    Zestimate® history
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    What's special

    Fully RTI-approved project in a high-demand, transit-accessible pocket of Mid-Wilshire. This 7,406 SF R4-zoned lot (TOC Tier 2) comes with Ready-To-Issue permits for a 27-unit 100% affordable housing development, including 26 one-bedroom units and one studio. Approved plans offer approximately 12,940 SF of rentable space and 15,360 SF of gross building area. Projected monthly income is approximately $62,928, based on HACLA Section 8 rents—offering strong long-term cash flow and attractive cap rate potential. Located in 90019, a centrally located, rapidly growing neighborhood with easy access to major employment hubs including Downtown LA, Culver City, and Beverly Hills. The property is close to public transit, Metro lines, and major freeways, making it ideal for tenants who value connectivity. Surrounded by a strong rental market, cultural amenities, retail, and dining—this is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving Los Angeles location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rana Khanjani DRE #02021891 818-723-9071,

    Sync Brokerage

    Bought with:

    Julian Nan, DRE #01928893

    Del Rey Residential

    Source: CRMLS,MLS#: SR25094278MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,406 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 5083033018
    • Zoning: LAC2
    • Special conditions: Standard

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Date on market: 4/29/2025
    • Cumulative days on market: 35 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    7/18/2025Sold$1,250,000-7.4%
    Source: CRMLS #SR25094278 Report a problem
    6/10/2025Contingent$1,350,000
    Source: CRMLS #SR25094278 Report a problem
    4/29/2025Listed for sale$1,350,000
    Source: CRMLS #SR25094278 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mid City

    Nearby schools

    GreatSchools rating