RealKey
‪(213) 433-7766‬

1455 W 105th Street, Los Angeles, California 90047, Los Angeles, 90047 - 1 bed, 1 bath

1455 W 105th Street, Los Angeles, California 90047 home-pic-0
ACTIVE$1,349,000
1455 W 105th Street, Los Angeles, California 90047
1Bed
1Bath
864Sqft
19,068Lot
Year Built
1922
Close
-
List price
$1.35M
Original List price
$1.27M
Price/Sqft
$1,561
HOA
-
Days on market
-
Sold On
-
MLS number
SB25113176
Home ConditionTear down
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.35M(99th), sqft - 864(4th), beds - 1(2th), baths - 1(32th).

We are proud to present an exceptional development opportunity at 1455 W 105th Street, Los Angeles, CA. This expansive 19,068 SF lot, zoned LCR2*, is ideally positioned within a federally designated Opportunity Zone, offering significant potential tax benefits for developers and investors. Strategically located just minutes from Hollywood Park Redevelopment, home to premier sports venues including NFL and NBA stadiums, and only 2 miles from a Metro Rail stop, this site is well-suited for affordable housing or multi-unit residential development. The neighboring 18-unit multifamily property located at 1451 W 105th St is also listed and available for sale for $5,595,000. Please request an Offering Memorandum for detailed information.

Price History

Date
Event
Price
10/04/25
Price Change
$1,349,000
05/21/25
Listing
$1,275,000
Condition Rating
Tear down
The property was built in 1922, making it over 100 years old. The listing description explicitly markets it as an 'exceptional development opportunity' for multi-unit residential development, emphasizing the large lot and zoning, rather than the existing 1 bed, 1 bath single-family home. The complete absence of interior images, particularly of the kitchen and bathrooms, strongly suggests the existing structure is not a selling point and is likely in a condition that warrants demolition for redevelopment, aligning with the 'tear-down' criteria where value is based solely on the land.
Pros & Cons

Pros

Exceptional Development Opportunity: The property is explicitly presented as an 'exceptional development opportunity' well-suited for affordable housing or multi-unit residential development, indicating high potential for investors and developers.
Opportunity Zone Designation: Located within a federally designated Opportunity Zone, the property offers significant potential tax benefits, making it highly attractive for long-term investment.
Favorable Zoning and Large Lot Size: The expansive 19,068 SF lot is zoned LCR2*, providing a substantial footprint and favorable zoning for multi-unit residential projects.
Strategic Location: The site is strategically located just minutes from the Hollywood Park Redevelopment, including major sports venues, and is only 2 miles from a Metro Rail stop, enhancing future resident appeal and property value.
Assemblage Potential: The availability of the neighboring 18-unit multifamily property for sale presents a unique opportunity for a larger, contiguous development project.

Cons

Demolition Requirement: The existing 1922-built single-family residence (864 sqft) would likely require demolition, adding costs and time to the overall development timeline.
Recent Price Increase: The list price has recently increased from $1.275M to $1.349M, which could impact the initial investment cost and potentially reduce the overall return on investment for developers.
Limited Existing Income Potential: As a single-family residence on a development-focused lot, the property likely offers minimal or no significant rental income during the pre-development phase, requiring investors to carry costs without substantial offset.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state