1272 W Court Street, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
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Los Angeles, California 90026
This High-Density Redevelopment Asset is listed at $1,000,000, aligning with its $974,469 Fair Market Value. While the 1890 structure holds a Condition Rating of 6 and is functionally obsolete, the value is driven by the 7,006 SF Lot and versatile R4(CW)-75/3-0 Zoning. Offering a 75' height limit, 3.0 FAR, and Assemblage Opportunities, the site is supported by Los Angeles Unified and proximity to John Marshall Senior High School (Rating: 8). This is a strategic acquisition for Multifamily Developers or Value-Add Investors prepared for the 2026 vacancy timeline.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1272 W Court Street Subject | $1,000,000* List Price | 2 | 1 | 1,250 | $780 | - |
A 1283 W Sunset Boulevard Active | $899,000 List Price | 2 | 1 | 1,216 | $739 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1890, the property's description explicitly states the existing structure is 'obsolete' and 'likely at the end of its useful life for modern living standards, necessitating demolition or extensive, costly renovation.' The listing heavily emphasizes the land's redevelopment potential (R4 zoning for multifamily construction) and the possibility of assemblage with adjacent parcels, indicating the value is primarily in the land. The exterior image shows a very old, unmaintained structure consistent with this assessment.
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)-75/3-0 zoning (400 SF/DU, 75' height, 3.0 FAR) provides broad flexibility and excellent potential for ground-up multifamily construction in a high-demand urban infill location.
Situated in an emerging pocket just west of Downtown Los Angeles, the property benefits from proximity to neighborhood amenities, restaurants, transit options, and a rapidly improving submarket.
The 1890-built, 2-bed, 1-bath, 1250 sqft home is likely at the end of its useful life for modern living standards, necessitating demolition or extensive, costly renovation for any significant value-add.
The current tenant is scheduled to vacate by June 1, 2026, imposing a significant holding period and delaying immediate access for redevelopment or renovation plans.
Realizing the full redevelopment potential, especially with assemblage, will require a substantial capital investment, potentially narrowing the pool of eligible buyers to well-funded developers.
Redevelop the site or renovate existing home on an approx. 7,000 SF lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket. Assemblage Potential - Adjacent parcels (1274 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent. Don't miss this opportunity!Current tenant scheduled to vacate by June 1, 2026
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,250 | 1,438.5 | 36% |
| Lot Size | 7,006 | 5,001 | 80% |
| Price | $1.00M | $1.38M | 23% |
| Price per sq ft | $800 | $922 | 37% |
| Built year | 1890 | 1926 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 168 | 30% |
Jan 8, 2026
$1,000,000
Initial Listing