726 Hartford Avenue

Los Angeles, CA 90017

$6,500,000
Price
18,705 / 0.43
Lot Size / Acres
a city view
a view of a city with tall buildings

Description

We are proud to present for sale 726-740 Hartford Ave, a rare high-density development opportunity perfect for a developer utilizing LA City and State Incentives like ED1 and AB 2334. Project density is only limited by construction type choice, as AB 2334 allows for unlimited density, and the base zoning has no height limitation. The City of Los Angeles requires 100% affordable projects to be approved via a ministerial path, without a lengthy entitlement process. As a 100% affordable project, rents...We are proud to present for sale 726-740 Hartford Ave, a rare high-density development opportunity perfect for a developer utilizing LA City and State Incentives like ED1 and AB 2334. Project density is only limited by construction type choice, as AB 2334 allows for unlimited density, and the base zoning has no height limitation. The City of Los Angeles requires 100% affordable projects to be approved via a ministerial path, without a lengthy entitlement process. As a 100% affordable project, rents are limited to approximately $1,777 for Studios and $1,920 for 1 Beds which allows a developer to achieve a compelling rent per square foot if units are efficiently designed. No parking is required as the project is located close to transit. The location is within a half mile of LA Live/Crypto Area, and DTLA. Koreatown is a short 5 minute drive to the east, and is in close proximity to the 110, 10 and 101 freeways. The project can offer residents a unique urban lifestyle with access to cultural amenities, employment, entertainment, and education opportunities without the need to rely on automobiles. Downtown LA remains city's largest employment cluster, providing 16% of its jobs, and 47% of its office space. Downtown is home to over 90,000 residents, making it one of LA's most populous neighborhoods, with over 25,000 new residential units delivered since 2010. The immediate area around the project is home to many USC students and young professionals and is walkable to two popular concert venues. This is an ideal location to purse an ED1 project, a developer can deliver a product affordable to residents who benefit from Downtown LA amenities and access to transit.
  1. Listed by Oron Maher • DRE #01299093 • Brokerage DRE #01299093 • Maher Commercial Realty
  2. Listed by DRE #02020539 • Brokerage DRE #01299093 • Maher Commercial Realty

Property Details for 726 Hartford Avenue

Zoning
R5(CW)-U/6
Cross Streets
8th Street and Hartford Avenue
Parcel Number
5143009005
Area
Downtown L.A. (C42)
Lot Size Area
18705
Source Lot Size Area
Other
Assessor Parcel Number
5143-009-005
Directions
West on 8th Street, North on Hartford Avenue
LISTING UPDATED: 10/18/2024 11:00 AM

Property Details for 726 Hartford Avenue

StatusActive
MLS #24-414477
Days on Market133
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.43 AC
CountyLos Angeles County

Building Information for 726 Hartford Avenue

Lot Size0.43 AC

Property Information for 726 Hartford Avenue

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: 0.143
  • Lot Size Square Feet: 18705
  • Lot Description: Sidewalks, Raw Land, Street Paved
  • Lot Location: City
  • Telephone: 0.0
  • Cable: 0.0
  • Public Street: Yes
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 07-12-2024

Property History for 726 Hartford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 726 Hartford Avenue

Taxable ValueLand$1,286,641Additions$428,879Total$1,715,520
Tax Record2024$21,017 ($1,751 / month)
Home Facts
Total Finished SqFt3,393 SqFtAbove Grade Finished SqFt3,393 SqFtLot Size6,226 SqFtStyleTriplexYear Built1905ZoningLACWCountyLOS ANGELESAPN5143-009-005

Schools near 726 Hartford Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Esperanza Elementary School
Public - K to 5
John H. Liechty Middle School
Public - 6 to 8
Contreras Learning Center-School Of Social Justice
Public - 9 to 12
Contreras Learning Center-Los Angeles School Of Global Studies
Public - 9 to 12
Rating
School
Distance
Esperanza Elementary School
PublicK to 5

John H. Liechty Middle School
Public6 to 8

Contreras Learning Center-School Of Social Justice
Public9 to 12

Contreras Learning Center-Los Angeles School Of Global Studies
Public9 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.

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More information about 726 Hartford Avenue, Los Angeles, CA 90017

726 Hartford Avenue is a 0.43 ac of land for sale in Los Angeles, CA 90017. This property was listed for sale on July 12, 2024 by Maher Commercial Realty, it's currently listed at $6,500,000. It has been on the market for a total of 133 days and was last sold on December 10, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Esperanza Elementary School, John H. Liechty Middle School and Contreras Learning Center-School Of Social Justice. 726 Hartford Avenue is a 0-bed, 0-bath, 0.43 ac of land on a 18,705 sq. ft. / 0.43 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 Maher Commercial Realty, Oron Maher, DRE #01299093; Maher Commercial Realty, DRE #02020539

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.