Maher Commercial Realty specializes in selling development sites across Los Angeles County, leveraging our deep expertise in zoning, entitlements, and density maximization. Below, explore four exceptional land opportunities—each offering shovel-ready potential, attractive pricing per door, and prime locations in LA’s most dynamic neighborhoods.
1. 203 N. Oxford Ave – Koreatown/Hancock Park
RTI 30-Unit Development Site
- Price: $1,890,000 | Land: 7,163 SF | Zoning: R4 TOC Tier 3
- Entitlements: Ready-to-Issue permits for a 7-story, 30-unit building (24 1BR, 6 2BR)
- Parking: 18 spaces (reduced requirements via TOC)
- Price per Door: $63,000 (below market average)
- Walk Score: 90 | Near: Paramount Studios, 101 Freeway
- Key Advantage: No relocation costs; premium rents ($4+/SF) for new construction
2. 12028-12034 W. Venice Blvd – Mar Vista
97-Unit Ministerial Approval Site
- Price: $5,950,000 | Land: 16,420 SF | Zoning: LAC2
- Density: 97 units via CHIP Ordinance (4:2:1 FAR, no parking minimum)
- Approval Path: Ministerial (no hearings, CEQA-exempt)
- Price per Door: $61,340 – Lowest in West LA
- Near: Mar Vista Farmers Market, $6+/SF rents
- Key Advantage: 8-story potential with rooftop views
3. 3641 Motor Ave – Palms
Flexible 30-Unit or 63-Unit Site
- Price: $2,995,000 | Land: 7,499 SF | Zoning: C2-1 TOC Tier 3
- Options:
- Build 30 units now (permits pulled, $200K fee savings)
- Expand to 63 units via CHIP OC-3 bonus
- Price per Door: $47,539 (market-rate focus)
- Near: Palms Metro, Helms Bakery District
- Key Advantage: Retail space included; 5-minute walk to Culver City
4. 1411-1415 W. Court St – Echo Park Adjacent
66-Unit Density Bonus Opportunity
- Price: $2,650,000 | Land: 12,042 SF | Zoning: LACW (R4 base)
- Density Options:
- 66 units (AB 1287)
- 50 units (TOC Tier 1)
- No parking required (AB 2097)
- Price per Door: $40,151 – Best in class
- Views: Hollywood Hills, DTLA skyline
- Key Advantage: No demolition (existing structures cleared)
Why Invest in LA Development Sites?
- Demand Drivers:
- Housing shortage: LA needs 500K+ new units by 2030
- Transit growth: TOC bonuses near Metro lines (e.g., Oxford Ave’s 90 Walk Score)
- Rent premiums: New builds command $4–$6/SF in core submarkets
- Incentives: CHIP, TOC, and state density bonuses accelerate approvals and reduce costs
How We Add Value
- Zoning Expertise: Maximized 203 N. Oxford Ave’s density via TOC Tier 3.
- Entitlement Navigation: Secured ministerial approval for 12028 Venice Blvd.
- Pricing Strategy: Structured 3641 Motor Ave as dual-path (30-unit or 63-unit).
Side-by-Site Comparison
| Address | Units | Price/Door | Zoning | Key Perk |
|---|---|---|---|---|
| 203 N. Oxford | 30 | $63K | R4 T3 | RTI Permits |
| 12028 Venice | 97 | $61K | LAC2 | No Parking Min |
| 3641 Motor | 30/63 | $47K | C2-1 T3 | Permits Pulled |
| 1411 Court St | 66 | $40K | LACW | No Demo |
Take the Next Step
These properties won’t last—connect with our team to:
- Schedule site tours
- Request pro forma analyses
- Access off-market land opportunities
Contact Maher Commercial Realty today—LA’s trusted experts in development site sales.
