- 3 beds
- 2 baths
- 1,166 sqft
- 6,502 sqft lot
- $1,282 per sqft
- 1925 build
- – on site
Prime Development Opportunity – Plans for 24 Units Nearly RTI! Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability. As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.) Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay. Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour! Buyer to independently verify all information.
Last checked:
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Last updated Jul 1, 2025
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MLS# SR25146607 —
The Building
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Year Built:1925
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Year Built Source:Public Records
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Entry Location:1
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Room Type:Kitchen, Laundry, Living Room
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Individual Room, Inside
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Laundry:1
Room Dimensions
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Living Area:1166.00
Location
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Directions:On Victory Blvd and Kester Ave
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Latitude:34.18697400
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Longitude:-118.45376000
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre
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Lot Size Area:6502.0000
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Lot Size Acres:0.1493
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Lot Size SqFt:6502.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1278.06
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Tax Tract:1200
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Tax Lot:16
Beds
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Total Bedrooms:3
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Main Level Bedrooms:3
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Main Level Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2236021017
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Features:Storm Drains, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:1.00
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Attached Garage:No
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Garage Spaces:1.00
Monthly cost estimate

Asking price
$1,495,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,005
|
Taxes | N/A |
Insurance | $411 |
Utilities | $143 See report |
Total | $8,559/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/30/25
Jun 30, 2025
|
Listed / Active | CRMLS_CA | $1,495,000 | 75.9% (68.1% / YR) |
4/1/25
Apr 1, 2025
|
Listed / Active | CRMLS_CA | ||
3/28/25
Mar 28, 2025
|
Sold Subject To Contingencies | CRMLS_CA |

43% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $51k above asking price on average, but some went as high as $430k over asking price.