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1431 N Vista St - WeHo Adjacent Development | Delivered Vacant 0.15 Acres of Residential Land Offered at $1,700,000 in Los Angeles, CA 90046



INVESTMENT HIGHLIGHTS
- Los Angeles Address | West Hollywood Perks Without Rep Tape
- Transit-Oriented & High-Opportunity Area – Located within ½ mile of a Metro stop and designated a TCAC Highest Opportunity Area.
- Multiple Density Bonus Pathways – Eligible for TOC Tier 1, MIIP – TOIA-1, and ED1/AHIP programs, each offering distinct yield advantages.
- Prime Los Angeles Location – Infill site south of Sunset Blvd surrounded by major employers, restaurants, and entertainment.
- Favorable R3-1 Zoning – By-right development supports 8 units with a 3:1 FAR and 45-foot height limit.
- Up to 18 Units Under MIIP – TOIA-1 – Achieves a 120% density increase and 4.2:1 FAR with ~56-foot height potential.
EXECUTIVE SUMMARY
The LAAA Team is pleased to present 1431 N Vista Street, a prime infill development opportunity located in the heart of Los Angeles, directly bordering West Hollywood. This 6,528 square foot parcel is positioned within a high opportunity, transit oriented corridor that supports increased density through multiple incentive programs. With favorable R3-1 zoning, ministerial entitlement pathways, and no parking requirements under AB 2097, the property provides investors with a streamlined, high yield development scenario featuring substantial upside potential. The site will be delivered vacant at closing, offering a clear path to demolition and immediate entitlement.
Notably, the Seller previously commissioned concept plans for a 38-unit, four-story 100% affordable housing project, demonstrating the site’s robust development capacity and feasibility under current density programs.
Currently improved with two residential structures, the property is designated Medium Residential under the City’s General Plan. Multiple development pathways are available, offering flexible yield scenarios:
-By-Right: 8 units (3:1 FAR, 45 ft height)
-TOC Tier 1 / SDBL: 12 units (+40% FAR, +1 story height)
-MIIP – TOIA-1 (High Opportunity): 18 units (+120% density, 4.2:1 FAR, ~56 ft height)
-ED1 / AHIP (100% Affordable): Envelope-limited density, unlimited by statute
The recommended development track is MIIP – TOIA-1, balancing optimal yield (18 units) with a ministerial, no-CEQA entitlement process. This option requires approximately 14% Very-Low-Income units (˜3 units) and any necessary replacement units. AB 2097’s parking exemption further enhances design efficiency and overall feasibility. The Seller’s prior 38-unit affordable concept further underscores the site’s ability to support a larger-scale program under the ED1 /AHIP framework.
Positioned just south of Sunset Boulevard, 1431 N Vista Street benefits from exceptional walkability, proximity to major employment centers, and access to the Metro B Line (Hollywood/Highland Station) within half a mile. The property is located within the City of Los Angeles, directly bordering West Hollywood—allowing residents to enjoy West Hollywood’s premier amenities, dining, and nightlife without the added layers of governmental red tape associated with its jurisdiction. The site also lies within a TCAC Highest Opportunity Area, reflecting long-term demographic stability and consistent renter demand.
Notably, the Seller previously commissioned concept plans for a 38-unit, four-story 100% affordable housing project, demonstrating the site’s robust development capacity and feasibility under current density programs.
Currently improved with two residential structures, the property is designated Medium Residential under the City’s General Plan. Multiple development pathways are available, offering flexible yield scenarios:
-By-Right: 8 units (3:1 FAR, 45 ft height)
-TOC Tier 1 / SDBL: 12 units (+40% FAR, +1 story height)
-MIIP – TOIA-1 (High Opportunity): 18 units (+120% density, 4.2:1 FAR, ~56 ft height)
-ED1 / AHIP (100% Affordable): Envelope-limited density, unlimited by statute
The recommended development track is MIIP – TOIA-1, balancing optimal yield (18 units) with a ministerial, no-CEQA entitlement process. This option requires approximately 14% Very-Low-Income units (˜3 units) and any necessary replacement units. AB 2097’s parking exemption further enhances design efficiency and overall feasibility. The Seller’s prior 38-unit affordable concept further underscores the site’s ability to support a larger-scale program under the ED1 /AHIP framework.
Positioned just south of Sunset Boulevard, 1431 N Vista Street benefits from exceptional walkability, proximity to major employment centers, and access to the Metro B Line (Hollywood/Highland Station) within half a mile. The property is located within the City of Los Angeles, directly bordering West Hollywood—allowing residents to enjoy West Hollywood’s premier amenities, dining, and nightlife without the added layers of governmental red tape associated with its jurisdiction. The site also lies within a TCAC Highest Opportunity Area, reflecting long-term demographic stability and consistent renter demand.
PROPERTY FACTS Under Contract
| Price | $1,700,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | ||
| Zoning | R3-1 - residential | ||
| Price | $1,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| Zoning | R3-1 - residential |
1 LOT AVAILABLE
Lot
| Price | $1,700,000 | Lot Size | 0.15 AC |
| Price Per AC | $11,345,510.85 |
| Price | $1,700,000 |
| Price Per AC | $11,345,510.85 |
| Lot Size | 0.15 AC |
DESCRIPTION
Surrounded by Hollywood’s vibrant restaurant, retail, and entertainment scene, the location offers a compelling live-work-play environment. As development capital continues to target high-opportunity, transit-served neighborhoods, 1431 N Vista Street represents a rare, small-scale infill site in one of Los Angeles’s most dynamic and supply-constrained submarkets—delivered vacant, with proven design potential for up to 38 units, and ready for immediate redevelopment.
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Walk Score®
Walker's Paradise (96)
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1431 N Vista St - WeHo Adjacent Development | Delivered Vacant
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