Description

Developers and investors- great opportunity near USC and Exposition Park! 715 E 41st Pl is an SB 8-exempt, non-rent-controlled, approximately 7,320 SF flat lot with multiple potential development options. Seller has created renderings for a potential 6-7 unit development, consisting of a 3-story triplex (approximately 1,800 SF each) + three ADUs (approximately 1,200 SF each), totaling approximately 9,000 SF of living space, 18 bedrooms, 15 bathrooms, and 3 parking spaces. The concept utilizes SB 1211 and AB 2097 to maximize unit size and rental density, with potential for a 7th unit by converting the front 2-car garage into an approximately 400 SF ADU. Seller also has expired fourplex plans featuring a 6BR/6BA residence, 3BR/3BA ADU, and two 4BR/4BA townhomes with flex spaces offering potential for future ADU conversion, plus 10 total parking spaces. The previous structure has already been demolished, potentially saving approximately $50K in demolition costs. Conveniently located near USC, Exposition Park and DTLA. Buyer to conduct their own due diligence regarding development and use of the property.

Property details

Property type

Land

Lot size

7,320 sqft

Location

715 E 41st Place • Los Angeles, CA 90011

More homes for sale and rent in Los Angeles, CA →

Listed by

Shawn S. Kormondy · Keller Williams Beverly Hills

Similar Listings

Recent sales near 715 E 41st Place

731 E 41st Place: Sold $1,045,000 · May 2026 · 0.0 mi
CENTURY 21 REALTY MASTERS | DRE #01308913
Buyer's agent: John Botello, Keller Williams SELA | DRE #01521346
814 East 41st Street: Sold $595,000 · 4 bd · 2 ba · 1,341 sqft · Sep 2026 · 0.1 mi
T.N.G. Real Estate Consultants | DRE #01093554
Buyer's agent: Maria Felix, Century 21 LOTUS | DRE #02206502
725 E 40th Place: Sold $800,000 · Sep 2026 · 0.1 mi
Compass | DRE #01817345
Buyer's agent: Edwin Rivera, Keller Williams Premier Properties | DRE #01965531
811 E 42nd: Sold $699,000 · 4 bd · 2 ba · 1,421 sqft · Aug 2026 · 0.1 mi
Real Broker | DRE #01833124
Buyer's agent: Elisabeth Ceja, Keller Williams Realty | DRE #01510748
4014 Mckinley Avenue: Sold $970,000 · Sep 2026 · 0.2 mi
Century 21 A Better Service | DRE #02013961
Buyer's agent: Eduardo Rubalcava, O'Donnell Real Estate | DRE #02249008
3815 Paloma: Sold $750,000 · 4 bd · 2 ba · 1,236 sqft · May 2026 · 0.2 mi
Nation One Realty Group Corp | DRE #01843338
Buyer's agent: Maria Enciso, Century 21 Allstars | DRE #01903328
917 E 40th: Sold $950,000 · May 2026 · 0.2 mi
Nohco Real Estate | DRE #01438155
Buyer's agent: SERGIO TAFOLLA, CENTURY 21 REALTY MASTERS | DRE #00993732
661 E 43rd Place: Sold $650,000 · Sep 2026 · 0.2 mi
ehomes | DRE #02059022
Buyer's agent: Jeffrey Williams, Luxury Collective | DRE #02191027