FOR SALENew Listing
1047 S Corning Street
Los Angeles, CA 90035
4,862 Lot Sq Ft
$2,495,000
Property Overview
RTI: A vacant, R3 infill development site in Pico-Robertson / Faircrest Heights, minutes from Beverly Hills. On this street, value is the land and density. Offered as-is. The project architect has advanced pre-application plans for a 6-story, 15-16 unit building (12 market-rate + 3 very-low-income) over a subterranean garage, moving the site from 6 units by-right to 1516 via Transit Oriented incentives, a 22-ft height bonus to 67 ft, and zero required parking (AB 2097). That density is the value engine, and the basis for pricing per buildable unit rather than as an occupied home.
Home Details
- Property type
- Land
- Lot size
- 4,862 sq ft
- Days on market
- 9
- MLS status
- Active
- Zoning
- LAR3
Location & Neighborhood
Frequently Asked Questions About 1047 S Corning Street
Property type: Land
The current asking price is $2,495,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1047 S Corning Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 9 days. Status can change, so verify availability before relying on it.
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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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