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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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350 N Hayworth Avenue Los Angeles, CA 90048
$2,495,000 0 beds, 0 baths
0 sqft
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*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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SB25252593
List price is $2,495,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1728
County: Los Angeles
Zoning: LAR4
Lot description: ZeroToOneUnitAcre
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 6/22/2026

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.077640, -118.362291.
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Listing Agent: Robert Sillman
Co Listing Agent: Cameron Samimi
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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