3304 W 63rd, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90043
This LAR3-Zoned Developer Opportunity represents a strategic land acquisition in a high-growth South Los Angeles corridor. Listed at $625,000, the asset is positioned as a premium redevelopment play based on its high-density potential rather than its $501,010 Fair Market Value. With a Condition Rating of 6, the existing 780 sqft structure is a value-add tear-down situated on a generous 5,400 sqft lot. Proximity to SoFi Stadium and the Middle College High School (9/10) provides significant long-term ROI. This project is ideal for Real Estate Developers or Institutional Investors looking to maximize density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3304 W 63rd Subject | $560,000* List Price | 2 | 1 | 780 | $594 | - |
A 6603 6th Avenue Sold | $595,000 | 2 | 2 | 1,032 | $577 | 0.4 mi |
B 6330 S Harcourt Avenue Sold | $595,000 | 2 | 1 | 892 | $667 | 0.6 mi |
C 6001 4th Avenue Sold | $510,000 | 2 | 1 | 980 | $520 | 0.5 mi |
D 3101 W 60th Active | $699,000 List Price | 2 | 2 | 1,005 | $696 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1922, this property is explicitly marketed as a 'Developer Opportunity' with LAR3 zoning, suggesting the value lies in the land rather than the structure. The listing description and property analysis emphasize building and maximizing value, while the small 780 sqft footprint and aged exterior indicate the home is likely at the end of its functional life and requires demolition for redevelopment.
High School: Middle College High School (9/10).
The LAR3 zoning offers a prime opportunity for high-density development, allowing for multiple units or significant expansion to maximize the property's value.
Centrally located with convenient access to major Los Angeles landmarks including SoFi Stadium, USC, Downtown LA, and the Crypto.com Arena.
The existing 1922 residence is small at 780 square feet and likely requires a full tear-down or extensive renovation to meet modern standards.
Most nearby public schools have low performance ratings (1-3 range), which may deter families and impact long-term residential resale value.
Maximizing the LAR3 zoning requires navigating complex city building codes and verification processes, which can add significant time and cost to a project.
Developer Opportunity – LAR3 Zoning! Welcome to 3304 W. 63rd St., Los Angeles, a prime development opportunity in the heart of South Los Angeles. This LAR3-zoned lot offers multiple possibilities for development, expansion, or additional units (buyer to verify with the City), making it ideal for developers and investors looking to maximize value. Centrally located, the property provides convenient access to Downtown Los Angeles, major freeways, and popular attractions such as SoFi Stadium, Crypto.com Arena, LA Live, Exposition Park, and the University of Southern California (USC). Nearby transit options, shopping, dining, and entertainment further enhance the desirability of this location. With strong growth and redevelopment activity throughout the area, this is a rare chance to secure a property with significant upside potential in one of Los Angeles’ most active markets. Don’t miss this outstanding opportunity to build and invest in a rapidly evolving neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 780 | 1,430 | 2% |
| Lot Size | 5,400 | 6,264 | 27% |
| Price | $560.0K | $850.0K | 5% |
| Price per sq ft | $718 | $623 | 82% |
| Built year | 1922 | 1926 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 166 | 11% |
Apr 17, 2026
$560,000
$599,999
-7% Price Drop
Initial Listing
Mar 26, 2026
$599,999
$625,000
-4% Price Drop
Initial Listing
Feb 13, 2026
$625,000
Initial Listing
Mar 12, 2001
$105,000
Public Record
Jun 3, 1998
$120,000
Public Record