715 E 41st Pl , Los Angeles, CA 90011
$825,000
Est. Payment: $4,135.26/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Developers and investors-- great opportunity to build near USC and Exposition Park! 715 E 41st Pl is an SB-8 exempt, non-rent controlled 7,320 SF flat lot delivered with approved plans for a fourplex which includes one 6BR/6BA single-family residence with a first-floor flex room and private entrance, one 3BR/3BA ADU, and two 4BR/4BA townhomes with additional flex space and private entrances that offer potential for future ADU conversion. The project has been engineered to reduce construction costs by eliminating expensive structural elements such as steel beams and complex cantilevers. The previous structure has already been demolished, saving appx $50K and eliminating rent control concerns. Plans include 9 permitted parking spaces plus 1 bonus space (10 total), spacious bedrooms designed for student housing or master lease strategies, and private outdoor spaces for each unit and flex room. In addition to the approved fourplex plans, the seller has also explored higher-density options utilizing SB 1211, which could allow up to 6 units with a triplex and three detached ADUs. One concept maximizes living area with appx 9,000 SF, 18 bedrooms, and 15 bathrooms, while another prioritizes parking with appx 7,500 SF, 15 bedrooms, 15 bathrooms, and up to 6 parking spaces. There is also potential for a 7-unit configuration by converting garage space in the triplex design. SB-8 exempt 7,000+ SF development lots with approved plans in this area are increasingly rare, making this a strong opportunity for developers seeking a streamlined project in a high-demand rental market.

Highlights

Listed by Shawn S. Kormondy , 323-638-7567 and Sabina Yi , 323-638-7567 Keller Williams Beverly Hills , 310-432-6400. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.17

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26664257

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0

Exterior Features

Lot:Flat,No Land Lease
Lot Dimensions:54x134
Garage Capacity:0
Zoning:LARD2
Principal Interest
$4,135
Taxes
$526

Home Price

$825,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$165,000
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Monthly Price:
$4,135.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,135.26 $525.94 $0.00 $4,661.19
Yearly $49,623.07 $6,311.25 $0.00 $55,934.32
Total $1,488,692.08 $189,337.50 $0.00 $1,678,029.58
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-26T01:40:03.000Z

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