Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB25117520
MLS Source
California Regional MLS
Days on Site
50
Lots & Land Information
Utilities
Other, Other
Parking, School, and Other Information
HOA Fee
$0
Zoning
D0
Contact Information
Listing Agent
Robert Sillman
Lyon Stahl Investment Real Estate, Inc.
License #: 02145409
Phone: (310) 908-5092
Co-Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
350 N Hayworth Ave is in Los Angeles, CA 90048. This Land is currently priced at $2,900,000. This address can also be written as 350 N Hayworth Ave, Los Angeles, CA 90048.
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This listing information is up-to-date as of June 04, 2025. For the most current information, please contact Robert Sillman, (310) 908-5092
