- – beds
- – baths
- – sqft
- 3,661 sqft lot
- 1910 build
- – on site
Prime Development Opportunity | Approved Plans for 4 Units + Jr. ADU | Park front with DTLA Views: Unlock the potential of this exceptional investment opportunity located directly across from a scenic park with captivating Downtown Los Angeles skyline views. This rare offering includes approved plans to develop four units plus a Junior ADU, transforming a single-family home into a high-yield, modern income property. Key Highlights: Development Ready: Comes with architectural plans to convert into a multi-unit property 4 units plus a Jr. ADU offering significant upside in a high-demand rental zone. Park front Urban Oasis: Enjoy unobstructed views of DTLA from a peaceful, green setting across the street from a lush community park the best of both nature and city living. Modern Design: Plans feature open-concept layouts, high-end finishes, and thoughtful configurations designed for today's renters and lifestyle preferences. Unbeatable Location: Nestled in a highly sought-after neighborhood with easy access to downtown hotspots, major freeways, public transit, premier dining, shopping, and cultural landmarks. Investor's Dream: Ideal for developers and investors seeking strong long-term rental income, appreciation potential, and creative flexibility in execution. Whether you're looking to build your portfolio or bring your vision to life in one of LA's fastest-growing areas, this property delivers the location, approval, and vision needed to move forward with confidence. Contact us today to schedule a walkthrough, review the plans, and explore this exciting opportunity before it's gone!
Last checked:
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Last updated Jun 27, 2025
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MLS# 25557841 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1910
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New Construction:No
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Building Area Total:3943.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Between Colton and 1st on Toluca st.
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Latitude:34.06257700
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Longitude:-118.25808600
The Property
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Property Type:Residential Income
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Zoning:LACW
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Lot Size Area:3661.0000
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Lot Size Dimensions:45x70
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Lot Size Acres:0.0840
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Lot Size SqFt:3661.00
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View:1
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View:City Lights
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5160014023
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Sewer:Other
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:3.00
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Uncovered Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
|
Listed / Active | CRMLS_CA | $1,350,000 | 315.4% (170.5% / YR) |
3/26/25
Mar 26, 2025
|
Listed / Active | CRMLS_CA | ||
2/25/25
Feb 25, 2025
|
Price Changed | BRIDGE |