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Leimert Park Adj. RTI Land

SB-8 exempt corner lot with house ALREADY DEMOLISHED 8 minutes from USC & Exposition Park. Delivered with plans for four units (duplex + two 4 bed ADU's). Plans feature two 5 bedroom units and two 4 bedroom units. Save close to $500k off retail value if you build this! If you buy and hold, we project a cap rate of 7% or more.

List Price:
Lot Size:
Price/Lot SF: 

Existing Bldg:
RTI Plans:


6,942 sqft
Already Demolished SFR
1x 5b/4.5b
1x 5b/4b
2x 4b/4b
No rent control on future project
SB-8 exempt
Buy and hold for 7% cap rate
Delivered with RTI plans
House already demolished
Corner lot
Very affordable to build project
No relocations needed
Projected exit price of $2.7m
Estimated rent of $16,400/month
4 parking in rear + 1 in middle

Click to View Photos

The Neighborhood

< 5-Minute Drive

Master Burger, Sonsonate Grill, Leimert Park Plaza, Mel's Cafe, 5starkitchenLA, Art + Practice Exhibition Space, Harun Coffee, Leimert Park Night Market

< 10-Minute Drive

The University of Southern California, Exposition Park, University Park, BMO Stadium, CA Science Center, Cinemark Baldwin Hills, The Kickin' Crab, Baldwin Hills Crenshaw Plaza

< $15 Uber Ride Arena, Los Angeles Convention Center, Microsoft Theater, JW Marriott Los Angeles L.A. LIVE, Arts District DTLA, Chinatown, Dodgers Stadium, Koreatown, The Wiltern


Submit your offers now!

  • Outstanding projected exit price of $2,700,000!

  • If you build and hold, we project a 6.96%+ cap rate upon completion, if not higher!

  • No rent control on the future project!

  • Delivered RTI!!! Get ready to build ASAP!

  • SB-8 EXEMPT!

  • Conservative future projected monthly rent of $16,400.

  • Already demolished- saving money on demo costs!

  • Well designed plans that will be cost-effective to build.

  • No relocations needed!

  • Non-tenant occupied!

  • Large (6,942 SF) flat lot, ideal for a new construction project!

  • Ideal lot dimensions of 55’ x 126’

  • Located minutes from Leimert Park, 2016’s “Neighborhood of the Year” on Curbed LA.

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