RTI: A vacant, R3 infill development site in Pico-Robertson / Faircrest Heights, minutes from Beverly Hills. On this street, value is the land and density. Offered as-is. The project architect has advanced pre-application plans for a 6-story, 15-16 unit building (12 market-rate + 3 very-low-income) over a subterranean garage, moving the site from 6 units by-right to 1516 via Transit Oriented incentives, a 22-ft height bonus to 67 ft, and zero required parking (AB 2097). That density is the value engine, and the basis for pricing per buildable unit rather than as an occupied home.
Property Details
Price:
$2,495,000
MLS #:
26906761
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c19beverlycentermiraclemile
Listed Date:
Sep 5, 2026
Lot Size:
4,862 sqft / 0.11 acres (approx)
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Community
- Address1047 S Corning ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90035
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Sep 06, 2026
502
Land Listed
199
Avg DOM
$1,789,314
Avg List Price
Property Summary
- 1047 S Corning ST Los Angeles CA is a Land for sale in Los Angeles, CA, 90035. It is listed for $2,495,000 and features 0 acres.
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1047 S Corning ST
Los Angeles, CA