1327 West Boulevard Los Angeles, CA 90019
7,405 Sq. Ft., 0.17 acres lot size / Land
Status: Sold
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Fully RTI-approved project in a high-demand, transit-accessible pocket of Mid-Wilshire. This 7,406 SF R4-zoned lot (TOC Tier 2) comes with Ready-To-Issue permits for a 27-unit 100% affordable housing development, including 26 one-bedroom units and one studio. Approved plans offer approximately 12,940 SF of rentable space and 15,360 SF of gross building area. Projected monthly income is approximately $62,928, based on HACLA Section 8 rents - offering strong long-term cash flow and attractive cap rate potential. Located in 90019, a centrally located, rapidly growing neighborhood with easy access to major employment hubs including Downtown LA, Culver City, and Beverly Hills. The property is close to public transit, Metro lines, and major freeways, making it ideal for tenants who value connectivity. Surrounded by a strong rental market, cultural amenities, retail, and dining - this is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving Los Angeles location.
property details
Type
Land
Status
Closed
County
Los Angeles
Lot Size
7,405 Sq. Ft., 0.2 acres
Listing Id
SR25094278
Courtesy Of
Rana Khanjani - Sync Brokerage 818-723-9071
List Office Phone
+1 818 770 3660
Utility & Building Info
Parcel Number
5083033018
Water Source
Public Water
Architectural Style
Other
 |
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
07/18/2025
07/18/2025
|
Sold |
$1,250,000
|
CA Regional MLS (CRMLS) |
|
06/09/2025
06/09/2025
|
Contingent |
$1,350,000
|
CA Regional MLS (CRMLS) |
|
04/29/2025
04/29/2025
|
Active |
$1,350,000
|
CA Regional MLS (CRMLS) |
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Market Trends
Source: Constellation1
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