For Sale

Listed by Argineh Mailian from Compass

Source: San Diego MLS #GD26231909

1309 North Mariposa Avenue, Los Angeles, CA, 90027

$2,999,999

8074 sq. ft.

Land

•

3 days on the market

What's around 1309 North Mariposa Avenue

About this property

RTI DEVELOPMENT OPPORTUNITY | 17-UNIT MULTIFAMILY PROJECT | EAST HOLLYWOOD Rare opportunity to acquire an approximately 8,000-square-foot VACANT development lot/land at 1309 N. Mariposa Avenue, Los Angeles, CA 90027, offered with permitted plans for a 17-unit, four-story multifamily development with subterranean parking. The project is RTI (Ready to Issue), allowing a developer to step into a substantially completed entitlement and permitting process and move toward construction without starting the lengthy approval process from scratch. The thoughtfully designed project features 14 two-bedroom units and 3 one-bedroom units, along with 27 parking spaces. The approved TOC Tier 3 project utilizes a significant density increase over the property's base zoning capacity, maximizing the development potential of this well-located R3 site. An exceptional opportunity for a developer or investor seeking a shovel-ready Los Angeles multifamily project where substantial time, planning, design and entitlement work has already been completed. Buyer to independently verify all plans, permits, approvals, RTI status, zoning, unit mix, affordable housing requirements, development incentives and other property information with the City of Los Angeles and appropriate agencies. However, RTI docs and plans and permits can all be provided to buyer for review. The project incorporates the required affordable housing component, including one Extremely Low Income unit and two Very Low Income units, while the remaining units are unrestricted, creating an attractive mix for a long-term multifamily investment. Located in the heart of East Hollywood, the property offers excellent access to Hollywood, Los Feliz, Silver Lake, Virgil Village and Koreatown, with nearby employment, dining, entertainment and neighborhood amenities. With the existing improvements removed and the property now a vacant lot, a buyer can avoid many of the uncertainties associated with tenant relocation and demolition and focus on advancing the project toward construction. Listing Agent: Info: Argineh Mailian 818.427.1220 | argineh.mailian@compass.com

Looking for more information on 1309 North Mariposa Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$1,750,000
1335 N New Hampshire Ave
Los Angeles CA 90027
Land
Listing courtesy of Maher Commercial Realty
For Sale
$1,500,000
1301 N Alexandria Ave
Los Angeles CA 90027
Land
Listing courtesy of Lyon Stahl Investment Real Estate, Inc.
Under Contract
$8,500,000
4773 Hollywood Boulevard
Los Angeles CA 90027
Land
Listing courtesy of CB Richard Ellis, Inc.

Browse properties sold in nearby areas

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent