$1,700,000
Est. payment /mo
6,529 Sqft Lot
New
1431 N Vista ST Los Angeles, CA 90046
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25609723
HOA Y/N No
Lot Size 6,529 Sqft
Property Description
The LAAA Team is pleased to present 1431 N Vista Street, a prime infill development opportunity located in the heart of Los Angeles, directly bordering West Hollywood. This 6,528 square foot parcel is positioned within a high opportunity, transit oriented corridor that supports increased density through multiple incentive programs. With favorable R3-1 zoning, ministerial entitlement pathways, and no parking requirements under AB 2097, the property provides investors with a streamlined, high yield development scenario featuring substantial upside potential. The site will be delivered vacant at closing, offering a clear path to demolition and immediate entitlement.Notably, the Seller previously commissioned concept plans for a 38-unit, four-story 100% affordable housing project, demonstrating the site's robust development capacity and feasibility under current density programs. Currently improved with two residential structures, the property is designated Medium Residential under the City's General Plan. Multiple development pathways are available, offering flexible yield scenarios. The recommended development track is MIIP TOIA-1, balancing optimal yield (18 units) with a ministerial, no-CEQA entitlement process. This option requires approximately 14% Very-Low-Income units (3 units) and any necessary replacement units. AB 2097's parking exemption further enhances design efficiency and overall feasibility. The Seller's prior 38-unit affordable concept further underscores the site's ability to support a larger-scale program under the ED1 /AHIP framework. Positioned just south of Sunset Boulevard, 1431 N Vista Street benefits from exceptional walkability, proximity to major employment centers, and access to the Metro B Line (Hollywood/Highland Station) within half a mile. The property is located within the City of Los Angeles, directly bordering West Hollywoodallowing residents to enjoy West Hollywood's premier amenities, dining, and nightlife without the added layers of governmental red tape associated with its jurisdiction. The site also lies within a TCAC Highest Opportunity Area, reflecting long-term demographic stability and consistent renter demand.Surrounded by Hollywood's vibrant restaurant, retail, and entertainment scene, the location offers a compelling live-work-play environment. As development capital continues to target high-opportunity, transit-served neighborhoods, 1431 N Vista Street represents a rare, small-scale infill site in one of Los Angeles's most dynamic and supply-constrained submarketsdelivered vacant, with proven design potential for up to 38 units, and ready for immediate redevelopment.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5550022005
Special Listing Condition Standard
Listed by Filip Niculete Marcus & Millichap
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