Potential development opportunity in the heart of Boyle Heights, just moments from Hollenbeck Park and the new 6th Street Bridge. Vacant 5,206+/- sqft lot offering what appears to be potential for up to 3 units + 2 ADUs (5 units total subject to City approval and buyer verification). The front portion of the lot is sloped but seems to level out across much of the site. Notably, the adjacent multifamily property at 2038 Hollenbeck Dr (MLS#25574667) is also available, forming an L-shaped configuration with this parcel. While each can be acquired individually, purchasing both may create a unique opportunity for expanded development across approximately 11,418+/- sqft total lot size or for long-term portfolio value (buyer to independently verify any use potential or entitlement feasibility). Located near Metro lines, DTLA, Mariachi Plaza, and the vibrant Arts District, this site is positioned in one of LA's most rapidly evolving neighborhoods. Renderings are conceptual only and provided for inspiration. Buyer to conduct their own due diligence with appropriate agencies.
2038 Hollenbeck Drive: Sold $780,000 · 4 bd · 4 ba · 3,884 sqft · Jan 2026 · 0.0 mi Dream Realty & Investments Inc | DRE #02229298 Buyer's agent: Sara Quinonez, Stonewood Realty Group Inc. | DRE #01253535
727 S St Louis Street: Sold $840,000 · 3 bd · 3 ba · 2,060 sqft · Jun 2026 · 0.0 mi Compass | DRE #01734058 Buyer's agent: Valerian Mozaidze, Coldwell Banker Realty | DRE #02236290
624 S Chicago Street: Sold $930,000 · 5 bd · 2 ba · 2,283 sqft · May 2026 · 0.1 mi Ernest & Cooper Realty | DRE #01488001 Buyer's agent: Natasha Gonzales, SunWest Investments | DRE #01828975
949 Hollins Street: Sold $660,000 · 3 bd · 1 ba · 950 sqft · Jul 2026 · 0.2 mi Real Broker | DRE #01914917 Buyer's agent: Jennifer Avellan, Keller Williams SELA | DRE #01468000
2325 Whittier: Sold $745,000 · 3 bd · 2 ba · 1,320 sqft · Sep 2026 · 0.2 mi LPT Realty, Inc | DRE #01839703 Buyer's agent: Steven Pakravan, Zagros Real Estate, Inc. | DRE #01495960
654 S Soto st: Sold $1,300,000 · 4 bd · 4 ba · 2,330 sqft · May 2026 · 0.3 mi Elpis Realty Inc | DRE #02229428 Buyer's agent: Elle Grant, COMPASS | DRE #02191554
654 Penrith: Sold $1,550,000 · 6 bd · 5 ba · 2,339 sqft · Jun 2026 · 0.3 mi Golden Real Estate Investments | DRE #02188416 Buyer's agent: Christopher Aparicio, Golden Real Estate Investments | DRE #02188416
731 S Mott: Sold $515,000 · May 2026 · 0.4 mi REALTY ONE GROUP WEST | DRE #01130499 Buyer's agent: Martha Neri, Berkshire Hathaway HomeService | DRE #01212625