350 N Hayworth Avenue

Property Overview

*DEVELOPMENT OPPORTUNITY* We proudly present 350 N Hayworth Ave—a prime redevelopment opportunity located in the heart of Beverly Grove, 90048. The property currently features a vacant, fire-damaged 4-unit building totaling 5,070 square feet and is ready for demolition. Sitting on a 7,526 square foot LAR4-zoned lot, the site benefits from an SB-8 exemption, as it has remained unoccupied for over five years. This exemption opens the door to a range of development options that do not require the replacement of low-income housing. Almost RTI-approved plans include a 20-unit multifamily project consisting of 16 one-bedroom, one-bathroom units and 4 two-bedroom, two-bathroom units, with three designated as Extremely Low Income (ELI). There is flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent. Alternative development scenarios include a small lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1). This site represents a rare blank canvas in one of Los Angeles' most sought-after neighborhoods, offering strong potential for a range of high-value development strategies. Reach out for Offering Memorandum & Feasibility Study.

Home Details

Property type: Residential Income - Apartment
Year built: 1927
Lot size: 7,528 sq ft
Parking: 5 spaces
Garage: 4 spaces
Stories: 2
Days on market: 229
MLS status: Active
Zoning: LAR4

Features & Amenities

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Community

View: Yes

Utilities

Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Los Angeles, CA 90048

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Frequently Asked Questions About 350 N Hayworth Avenue

Property type: Residential Income

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 350 N Hayworth Avenue. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1927. 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 229 days. Status can change, so verify availability before relying on it.