4316 Dozier Street, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 1 bath

4316 Dozier Street, Los Angeles, California 90022 home-pic-0
ACTIVE$650,000
4316 Dozier Street, Los Angeles, California 90022
3Beds
1Bath
1,232Sqft
6,715Lot
Year Built
1922
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$528
HOA
-
Days on market
-
Sold On
-
MLS number
AR25149200
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $650.0K(47th), sqft - 1232(67th), beds - 3(50th), baths - 1(50th).

Attention builders and investors, this property with development potential offers a rare opportunity to build three residential units with professionally prepared plans. Whether you're looking to develop and hold or create income-generating rentals, this site is ready for your vision. Located near Whittier Boulevard with easy access to the 60 and 710 freeways, the home is just minutes from Citadel Outlets, Belvedere Park, East LA College, neighborhood schools, and a variety of grocery stores, cafés, and transit options. Positioned near the borders of City Terrace and Boyle Heights, and only a short drive from DTLA. This property is zoned R-2. According to the assessor’s profile, the existing building offers 1,232 sq.ft. of living area. Rear alley access and a long driveway provide generous parking and site flexibility. The flat deep lot is designed for two detached two-story homes in the front and one detached single-story ADU in the rear, total proposed living area: Approx. 3,818 sq.ft. (per plans) Under new regulations, up to four units may be permitted. Buyer to verify all zoning, permits, and development potential with the appropriate city departments.

Price History

Date
Event
Price
07/05/25
Listing
$650,000
05/23/22
Sold
$590,000
05/23/22
Sold
$575,000
04/05/22
Sold
$408,000
Condition Rating
Tear down

The property was built in 1922 and the images clearly show a severely dilapidated structure with peeling paint, broken windows, and general disrepair, indicating it is unlivable. The MLS description explicitly markets the property for its 'development potential' to 'builders and investors,' providing plans for new construction rather than detailing the existing home's condition, which confirms the value is in the land, not the current building.
Pros & Cons

Pros

Significant Development Potential: The property is explicitly marketed for builders and investors, offering R-2 zoning with professionally prepared plans for three residential units (two detached two-story homes and one ADU), and potential for up to four units under new regulations.
Strategic Location: Located near major freeways (60, 710), DTLA, and amenities like Citadel Outlets, East LA College, and transit, enhancing future rental demand and property value for developed units.
Streamlined Development Process: The availability of professionally prepared plans for three units significantly reduces initial planning and design efforts for a developer.
Site Flexibility: A flat, deep lot with rear alley access and a long driveway provides excellent flexibility for construction and future parking/access for multiple units.
Income-Generating Opportunity: The potential to build multiple residential units makes this an ideal investment for creating substantial rental income or for a lucrative build-and-sell strategy.

Cons

Existing Structure Condition: Built in 1922, the existing 1,232 sq.ft. home is likely outdated and will require demolition or extensive renovation, adding significant upfront costs and project complexity.
Extensive Buyer Due Diligence Required: The listing explicitly states 'Buyer to verify all zoning, permits, and development potential,' indicating that the buyer bears the responsibility for navigating potential complexities and unforeseen hurdles in the approval process.
Niche Market Appeal: This property is highly specialized for experienced builders and investors, which limits the pool of potential buyers compared to a standard residential listing, potentially affecting market time.

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