1420 South Point View Street

Los Angeles, CA 90035

$3,500,000
Price
9,352 / 0.21
Lot Size / Acres

Description

We are thrilled to present a prime development opportunity at 1420 S Point View St, Los Angeles, CA. This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. The approved plans outline the development of 28 apartment units, totaling 30,115 square feet of gross building area. The proposed design includes 3 studio/one-bath units, 6...We are thrilled to present a prime development opportunity at 1420 S Point View St, Los Angeles, CA. This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. The approved plans outline the development of 28 apartment units, totaling 30,115 square feet of gross building area. The proposed design includes 3 studio/one-bath units, 6 one-bedroom/one-bath units, and 19 two-bedroom/two-bath units, with three apartments designated for extremely low-income tenants.1420 S Point View St is located in Pico-Robertson neighborhood of Los Angeles, which has an average household income of nearly $117,000 within a one-mile radius, highlighting its appeal to high-earning renters. This location is surrounded by a diverse range of restaurants, nightlife, and shopping options. It is just a short drive from attractions such as LACMA, The Grove, and The Farmers Market. The area is rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
  1. Listed by Filip Niculete • DRE #01905352 • Brokerage DRE #01238010 • Marcus & Millichap
  2. Listed by Glen Scher • DRE #01962976 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 1420 South Point View Street

Zoning
LAR3
Parcel Number
5068012024
Area
Beverlywood Vicinity (C09)
Lot Size Area
9352
Source Lot Size Area
Vendor Enhanced
Present Use
Vacant Land
Potential Usage
28 Apartment Units
Assessor Parcel Number
5068-012-024
LISTING UPDATED: 12/14/2024 12:01 AM

Property Details for 1420 South Point View Street

StatusActive
MLS #24-470149
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.21 AC
CountyLos Angeles County

Building Information for 1420 South Point View Street

Lot Size0.21 AC

Property Information for 1420 South Point View Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.2147
  • Lot Size Square Feet: 9352
  • Lot Size Dimensions: 55x170
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-06-2024

Property History for 1420 South Point View Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1420 South Point View Street

Taxable ValueLand$1,840,604Additions$200,792Total$2,041,396
Tax Record2024$24,945 ($2,079 / month)
Home Facts
Beds3Total Finished SqFt1,925 SqFtAbove Grade Finished SqFt1,925 SqFtStories1Lot Size9,349 SqFtStyleSingle Family ResidenceYear Built1931ZoningLAR3CountyLOS ANGELESAPN5068-012-024

Schools near 1420 South Point View Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Crescent Heights Boulevard Elementary School
Public - K to 5
Daniel Webster Middle School
Public - 6 to 8
Alexander Hamilton Senior High School
Public - 9 to 12
Los Angeles Center For Enriched Studies
Public - 6 to 12
Rating
School
Distance
Crescent Heights Boulevard Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Beverlywood

Neighborhoods

Cities

ZIPs

More information about 1420 South Point View Street, Los Angeles, CA 90035

1420 South Point View Street is a 0.21 ac of land for sale in Los Angeles, CA 90035. This property was listed for sale on December 6, 2024 by Marcus & Millichap, it's currently listed at $3,500,000. It has been on the market for a total of 12 days and was last sold on December 8, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Crescent Heights Boulevard Elementary School, Daniel Webster Middle School and Alexander Hamilton Senior High School. 1420 South Point View Street is a 0-bed, 0-bath, 0.21 ac of land on a 9,352 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.