Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.
3220 W 2nd Street: Sold $1,420,000 · 8 bd · 6 ba · 7,985 sqft · Jul 2026 · 0.1 mi Marcus & Millichap | DRE #01933858 Buyer's agent: Josh Afighom, Josh Afi Group | DRE #01783784
117 S Virgil Avenue: Sold $1,250,000 · 6 bd · 4 ba · 2,011 sqft · May 2026 · 0.3 mi Mega Realty | DRE #01483086 Buyer's agent: Ananias Caro, Crest Financial & Investment | DRE #00935961
211 S Berendo Street 3: Sold $395,000 · 1 bd · 1 ba · 712 sqft · Jun 2026 · 0.5 mi Real Brokerage Technologies, Inc. | DRE #01884151 Buyer's agent: Maria Skeels, Compass | DRE #02243165
432 N Commonwealth: Sold $790,000 · 4 bd · 2 ba · 1,432 sqft · Aug 2026 · 0.6 mi eXp Realty of California Inc | DRE #01923684 Buyer's agent: Zamantha Gomez, Luxury Collective | DRE #02203803
147 N Berendo Street 202: Sold $715,000 · 3 bd · 2 ba · 1,410 sqft · Apr 2026 · 0.6 mi Compass | DRE #02072406 Buyer's agent: Lily Sie Sulistyowati, RE/MAX CHAMPIONS WC | DRE #01334118
449 N Virgil: Sold $825,000 · 2 bd · 2 ba · 1,886 sqft · Jul 2026 · 0.7 mi Option West Realty | DRE #00904817 Buyer's agent: David Babiracki, Option West Realty | DRE #00904817
101 N Kenmore Avenue: Sold $1,340,000 · 8 bd · 8 ba · 7,680 sqft · Aug 2026 · 0.7 mi Compass | DRE #02054048 Buyer's agent: Shawn Mehrannia, Home Team Realty | DRE #01874025
251 N Kenmore Avenue: Sold $1,920,000 · 12 bd · 6 ba · 6,852 sqft · Aug 2026 · 0.8 mi Compass | DRE #00910893 Buyer's agent: Hans Chiang Chiang, Azure Waves Realty | DRE #02037013