1614 S Highland Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 1 bath
Loading property details...
Los Angeles, California 90019
This Prime Development Asset represents a strategic land acquisition in the high-growth Mid-City area, featuring a List Price of $1,095,000 against a Fair Market Value of $805,906. The value is anchored in the 9,294 sq ft flat lot and LARD1.5 Zoning, which offers significant multi-unit density potential within a tax-advantaged Opportunity Zone. Located in the Los Angeles Unified district, the existing 1926 structure has a Condition Rating of 6 and is a non-financeable tear-down. This project is perfectly suited for Real Estate Developers and Institutional Investors targeting high-yield urban infill redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1614 S Highland Avenue Subject | $1,095,000* List Price | 3 | 1 | 1,263 | $638 | - |
A 4523 W 18th Street Pending | $995,000 List Price | 2 | 1 | 1,293 | $770 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1926, well over 50 years ago. The listing explicitly states the 'existing structure is likely not financeable' and is an 'ideal redevelopment opportunity,' with the property's value based solely on the land. The property analysis further confirms it's a 'tear-down' that 'adds no value, requiring demolition costs.' The exterior images show a very old and neglected structure, and the absence of interior photos suggests the current living conditions are unlivable or beyond repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9294, living area = 1263.
The property is explicitly marketed as a 'Prime Development Opportunity' with 'strong multi-unit development potential' due to its zoning and lot size.
Located in the 'heart of Mid-City / West Adams,' a rapidly growing neighborhood with proximity to major employment centers, transit, dining, and retail, ensuring strong long-term demand.
The current 1926 structure is 'likely not financeable,' indicating it's a tear-down and adds no value, requiring demolition costs as part of the development.
The listing explicitly places the burden on the buyer for 'all zoning, permits, lot size, incentives, development potential, and conduct all due diligence,' suggesting potential complexities or unverified aspects.
The property is solely positioned as a redevelopment opportunity, limiting the buyer pool to developers and investors, and not suitable for immediate occupancy or traditional residential financing.
Prime Development Opportunity – Mid-City / West Adams Attention developers and investors: 1614 S Highland Avenue offers a 9,294 sq ft flat lot in the heart of Mid-City / West Adams, one of Los Angeles’ fastest-growing neighborhoods. Zoned LARD1.5, the property presents strong multi-unit development potential, with possible density increases through affordable housing incentives. Located within an Opportunity Zone and potentially eligible for the Citywide Initiative Program, this site may offer added tax and development advantages. The existing structure is likely not financeable, making this an ideal redevelopment opportunity. Surrounded by recent projects and close to major employment centers, transit, dining, and retail, the location supports strong long-term rental demand and continued appreciation. Buyer and buyer’s agent to verify all zoning, permits, lot size, incentives, development potential, and conduct all due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,263 | 1,712 | 20% |
| Lot Size | 9,294 | 6,377 | 97% |
| Price | $1.09M | $1.32M | 34% |
| Price per sq ft | $867 | $764 | 68% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 180 | 17% |
Jan 19, 2026
$1,095,000
Initial Listing