2624 S Garth Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 2 bed, 2 bath
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Los Angeles, California 90034
This High-Density Redevelopment Asset is listed at $1,399,000, reflecting a strategic price point for its significant development potential relative to the $1,253,383 Fair Market Value. With a Condition Rating of 6, the property is marketed exclusively for its land value and the ability to execute a total site transformation. The 7,503 sqft flat lot and R3 Zoning allow for the construction of 9+ units, capitalizing on the high rental demand near Culver City and the Metro E-Line. This transit-oriented project is an ideal match for Real Estate Developers or Portfolio Investors looking to execute a high-density growth strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 S Garth Avenue Subject | $1,399,000* List Price | 2 | 2 | 1,659 | $843 | - |
A 9138 Olin Street Sold | $1,400,000 | 4 | 2 | 1,340 | $1,045 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1932, this property is marketed exclusively as a redevelopment opportunity for its R3 zoning and land value. The listing description and property analysis emphasize the potential to build 9+ units and suggest the existing structure requires demolition to achieve its highest and best use.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7503, living area = 1659.
The R3 zoning on a flat 7,503 sqft lot allows for the construction of 9+ units, offering significant upside for developers and investors looking to maximize density.
Ideally situated within walking distance to the Metro E-Line, Culver City, and major creative hubs like Ivy Station and The Platform, ensuring high long-term demand.
The current structure dates back to 1932 and likely requires total demolition or extensive renovation to reach its highest and best use, adding to initial project costs.
While the land value is high, realizing the property's potential requires substantial additional investment for multi-unit development and navigating Los Angeles's complex permitting process.
2624 S. Garth Ave presents an exceptional chance to secure a highly sought-after R3-zoned property with massive redevelopment potential. Situated on a quiet residential street, this flat lot offers the ability to build 9+ units, making it ideal for developers, investors, or long-term hold strategies. Perfectly positioned at the nexus of several thriving Westside neighborhoods, the property is walking distance to Culver City, The Platform, Ivy Station, the Metro E-Line, and an ever-growing collection of restaurants, creative offices, and lifestyle amenities. This central location provides unmatched accessibility and long-term demand for both rental and for-sale product. Opportunities of this scale and zoning in such a strong, walkable pocket are increasingly rare. Whether you're envisioning boutique apartments, modern townhomes 2624 S. Garth Ave offers the canvas, zoning, and location to execute a standout project. A premier opportunity in one of LA's most dynamic growth corridors this is the one you've been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,659 | 1,650 | 53% |
| Lot Size | 7,503 | 5,803 | 83% |
| Price | $1.40M | $1.64M | 38% |
| Price per sq ft | $843 | $1.0K | 20% |
| Built year | 1932 | 1941 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 149 | 39% |
Feb 15, 2026
$1,399,000
$1,450,000
-4% Price Drop
Initial Listing
Dec 11, 2025
$1,450,000
Initial Listing
Sep 1, 1993
$175,000
Public Record