1276 W Court Street, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath
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Los Angeles, California 90026
This High-Density Redevelopment Asset is listed at $1,000,000, matching its $1,000,000 Fair Market Value. The property holds a Condition Rating of 5, with its primary value derived from the 7,000 SF Lot and flexible R4(CW)-75/3-0 Zoning. This zoning allows for a 75’ height limit and 3.0 FAR, offering exceptional flexibility for ground-up multifamily projects or a significant value-add repositioning. Served by Betty Plasencia Elementary and Belmont Senior High, the location ensures strong urban infill demand. This site is a strategic acquisition for Multifamily Developers and Institutional Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1276 W Court Street Subject | $1,000,000* List Price | 2 | 2 | 1,806 | $554 | - |
A 981 W Kensington Active | $800,000 List Price | 0 | 0 | 1,993 | $401 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this duplex is explicitly described as requiring 'significant renovation or demolition' due to its 'Advanced Age.' The listing emphasizes its 'redevelopment potential' and 'value-add renovation' rather than its current livability. The exterior image shows a dilapidated facade, worn steps, and general neglect, strongly suggesting the property is in need of substantial repairs and rehabilitation. Without interior photos, it's highly probable that the kitchen and bathrooms are severely outdated and in poor condition, requiring complete replacement. While demolition is an option, the mention of 'repositioning the existing duplex' suggests it's not entirely beyond repair, but would require a massive investment to bring it to modern standards.
The R4(CW)-75/3-0 zoning with a 75' height limit and 3.0 FAR offers broad flexibility for ground-up multifamily construction, making it highly attractive for investors.
Situated in an emerging pocket just west of Downtown Los Angeles, this property is in a high-demand, rapidly improving submarket with excellent access to amenities and transit.
Adjacent parcels (1272 & 1274 W Court St) are available, allowing for the creation of a larger 0.48-acre development site, greatly enhancing its potential for larger projects.
Built in 1923, the existing duplex is likely to require significant renovation or demolition, adding substantial costs to any redevelopment or repositioning strategy.
The property explicitly states 'View: None,' which can be a disadvantage in the Los Angeles market where views often contribute significantly to property value.
The property's primary value proposition is its redevelopment potential, which may narrow the buyer pool to experienced investors rather than typical residential homeowners seeking a move-in ready property.
Redevelop the site or reposition the existing duplex 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 (1272 & 1274 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!
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 | 0.0 | 79% |
| Baths | 2.0 | 0.0 | 79% |
| Square foot | 1,806 | 2,351 | 21% |
| Lot Size | 7,008 | 5,287 | 86% |
| Price | $1.00M | $1.15M | 29% |
| Price per sq ft | $554 | $485 | 57% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 193 | 43% |
Dec 3, 2025
$1,000,000
Initial Listing