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Investment Highlights

  • Rare vacant LAR4 development site in high-demand infill location
  • Delivered clear – no demolition or relocation costs
  • ~16 units by-right with significant TOC upside (buyer to verify)
  • Minutes to DTLA, Echo Park, Silver Lake, and Koreatown
  • High-density zoning with strong unit yield potential
  • Opportunity to increase density and reduce parking requirements

Executive Summary

Vacant LAR4 Multifamily Development Site – Ready to Build Exceptional opportunity to acquire a fully cleared 6,654 SF LAR4-zoned lot in a rapidly evolving Los Angeles submarket. Featuring approximately 41 feet of frontage and 163 feet of depth, the site offers an efficient and highly usable footprint for multifamily design and construction. The property is currently vacant following the demolition of prior improvements, allowing a developer to move directly into planning and entitlements without the delays or costs associated with tenant relocation or structure removal. Zoned LAR4, the site supports high-density residential development and is well-suited for a ground-up apartment or condominium project. Based on standard density allowances, the lot can accommodate 10+ units by right, with additional upside potential through Transit-Oriented Communities (TOC) incentives and density bonus programs. Strategically located in the Westlake / Historic Filipinotown submarket, the property is just minutes from Downtown Los Angeles and surrounded by some of LA’s most dynamic neighborhoods, including Echo Park, Silver Lake, and Koreatown. The site offers convenient access to major freeways (101, 110, 10, 5, and 60), providing excellent regional connectivity. Nearby lifestyle amenities such as Echo Park Lake, Silver Lake Reservoir, and Dodger Stadium enhance tenant appeal, while close proximity to DTLA’s major employment centers positions the property within one of the strongest multifamily rental corridors in Los Angeles.

Property Facts

Price $1,100,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 6,654.00 AC
Zoning LAR4 - LAR4 zoning allows ~1 unit per 400 SF (~16 units on 6,654 SF). TOC and density bonus may increase units and reduce parking (buyer to verify).

1 Lot Available

Lot 31

Price $1,100,000
Price Per AC $165.31
Lot Size 6,654.00 AC

Vacant 6,654 SF LAR4 lot in Westlake/HiFi near DTLA. Approx. 41’ x 163’. Cleared and ready for development. By-right 10+ units with TOC density bonus potential. Prime infill location with strong rental demand and excellent freeway access.

Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
40/100
  • Listing ID: 39965451

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 2113 W Court St, Los Angeles, CA 90026

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