1327 West Boulevard

Los Angeles CA 90019

0.17 ac.

Land

Last sold for $1,250,000

Rana Khanjani, last sold this property on 18 July 2025 after 17 days on market.

Overview

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 rentsoffering 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 diningthis is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving Los Angeles location.

Features

0.17 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Los Angeles over the last 12 months, the estimated median property value of 1327 West Boulevard is $1.2m.

Median value

$1.2m

Estimated value range

$975k - $1.3m

Median days on market

101

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1327 West Boulevard

2025

Sold

$1,250,000

18 Jul 2025 by Rana Khanjani, of Sync Brokerage

2022

Sold

$600,000

17 Aug 2022 by Dario Svidler, of Compass

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.