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  • 715 E 41St Place

715 E 41st Place, Los Angeles, CA 90011

$825,000 Approx. USD 0 beds, 0 baths
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Listing Agent


Shawn S. Kormondy | skor@SkorREG.com
Lic#: 01451888
Broker: Courtesy of Keller Williams Beverly Hills
Phone: 323-638-7567

Co Listing Agent


Sabina Yi | sabina@skorreg.com
Lic#: 01964836
Broker: Courtesy of Keller Williams Beverly Hills
Phone: 323-638-7567

Agent Remarks

Developers and investors-- great opportunity to build near USC and Exposition Park! 715 E 41st Pl is an SB-8 exempt, non-rent controlled 7,320 SF flat lot delivered with approved plans for a fourplex which includes one 6BR/6BA single-family residence with a first-floor flex room and private entrance, one 3BR/3BA ADU, and two 4BR/4BA townhomes with additional flex space and private entrances that offer potential for future ADU conversion. The project has been engineered to reduce construction costs by eliminating expensive structural elements such as steel beams and complex cantilevers. The previous structure has already been demolished, saving appx $50K and eliminating rent control concerns. Plans include 9 permitted parking spaces plus 1 bonus space (10 total), spacious bedrooms designed for student housing or master lease strategies, and private outdoor spaces for each unit and flex room. In addition to the approved fourplex plans, the seller has also explored higher-density options utilizing SB 1211, which could allow up to 6 units with a triplex and three detached ADUs. One concept maximizes living area with appx 9,000 SF, 18 bedrooms, and 15 bathrooms, while another prioritizes parking with appx 7,500 SF, 15 bedrooms, 15 bathrooms, and up to 6 parking spaces. There is also potential for a 7-unit configuration by converting garage space in the triplex design. SB-8 exempt 7,000+ SF development lots with approved plans in this area are increasingly rare, making this a strong opportunity for developers seeking a streamlined project in a high-demand rental market.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 26664257
Price: $825,000
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1680
County: Los Angeles
Zoning: LARD2
Lot description: Flat
MLS area: C42 - Downtown L.A.

Last Updated: 6/10/2026

 Days On Market (DOM): 99

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.008481, -118.263100.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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