
Los Angeles, California 90026
This property represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned above the $989,708 Fair Market Value. While the current structure has a Condition Rating of 6, the R4(CW)-75/3-0 Zoning and expansive 7,006-square-foot lot provide significant upside for ground-up multifamily development. The site offers rare assemblage potential with adjacent parcels, making it a strategic Asset for long-term growth. This property is best suited for Multifamily Developers or Buy-and-Hold Investors focused on maximizing density in a central Los Angeles location.
Property is land value only, full reconstruction required.
Built in 1890 with no evidence of modern renovations, this property is being marketed primarily for its R4 zoning and land value. The exterior shows significant weathering, the yard is neglected, and the presence of window AC units indicates a lack of modern HVAC systems. The listing's emphasis on 'ground-up multifamily development' and 'redevelopment' confirms the structure's age and condition make it a prime candidate for demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7006, living area = 1250.
The R4(CW) zoning provides exceptional flexibility for investors and developers, allowing for ground-up multifamily projects or significant value-add renovations in a high-demand rental market.
The rare 7,000-square-foot lot offers significant space for expansion, with the unique added potential to assemble adjacent parcels for a larger 0.48-acre development site.
Originally built in 1890, the structure likely requires extensive modernization or may be viewed primarily as a teardown, necessitating substantial capital for redevelopment.
With only two bedrooms and one bathroom, the current residence lacks the scale and modern utility expected by traditional family buyers at this price point.
Welcome to 1272 W Court Street, a charming single-story 2-bedroom, 1-bath residence offering the perfect blend of city convenience and the comfort of a traditional single-family home. Featuring a functional and inviting floor plan, the home flows seamlessly from the living area into the kitchen, creating an ideal space for both everyday living and entertaining. Two well-sized bedrooms provide comfortable accommodations while the home's classic architectural character and abundant natural light create a warm, welcoming atmosphere throughout. Whether you're looking for a place to call home or a property with long-term upside, this residence offers exceptional versatility. Situated on an expansive approximately 7,000-square-foot lot, this property presents a rare opportunity in one of Los Angeles' most sought-after central locations. The spacious backyard offers endless possibilities for outdoor living, expansion, or future improvements (buyer to verify). Zoned R4(CW)-75/3-0, the property provides outstanding flexibility for investors and developers, including the potential for a ground-up multifamily development, redevelopment of the existing site, or a value-add renovation, subject to buyer investigation and city approval. Opportunities to acquire a lot of this size with this zoning, just minutes from Downtown Los Angeles, are increasingly uncommon. For those seeking an even larger development opportunity, the adjacent parcels at 1274 W Court Street and 1276 W Court Street are also available, creating the potential for an approximately 0.48-acre assemblage (buyer to verify). Ideally located just west of Downtown Los Angeles and moments from Echo Park, Silver Lake, restaurants, shopping, parks, and public transit, this property places you in the heart of everything the city has to offer. Convenient access to the 101, 110, 5, and 10 freeways makes commuting throughout Los Angeles both quick and efficient. Whether you're an owner-occupant searching for a centrally located home with an oversized yard, an investor pursuing a long-term hold, or a developer exploring a ground-up multifamily project, 1272 W Court Street offers a unique combination of location, flexibility, and future potential.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-1 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,250 | 1,664.159 |
| Lot Size | 7,006 | 6,066.556 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $880 | $806 |
| Built year | 1890 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Aug 24, 2026
$1,100,000
Initial Listing