249 S Avenue 54, Los Angeles, CA 90042

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
249 S Avenue 54,Los Angeles, CA 90042
$2,995,000
  • 0.4 Acres
  • Lots / Land
  • Active
Listed by:martin fish
Office:citivest realty services, inc
MLS#:PW25174973
Source:CRMLS

Price summary

  • Price:$2,995,000

About this home

12 Unit RTI project with alley access. Located in the vibrant Highland Park community of Los Angeles, 249 S Avenue 54. This offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing property features three separate bungalow homes with alley access. NO RELOCATION, THE PROPERTY IS DELIVERED FULLY VACANT. The approved plans allow for four new construction duplex structures and two detached ADUs. Upon CofO, the new owner will be able to capture six (6) additional ADUs by right. Recent code updates allow for 8 ADUs bringing the unit count to 16 total. The new project will feature (8) 5B/5B units and (8) 2B/2B ADUS, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 24,210 square feet on a 17,882 square foot lot, designed with contemporary finishes, energy-efficient features, a full sprinkler system, and full compliance with the latest seismic and building codes. Situated just minutes from

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Home facts

  • Listing ID #:PW25174973
  • Added:3 day(s) ago
  • Updated:September 13, 2025 at 10:23 AM

Structure and exterior

  • Lot area:0.4 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,995,000
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