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
AR25230126
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
10/02/25
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

Built in 1922, the property is in a severely dilapidated state, as evidenced by peeling paint, broken windows, and general neglect in the exterior images. The listing explicitly states the existing structure 'may require substantial renovation or demolition,' and the marketing focuses on the land's development potential for new units. The current structure is unlivable and its value is solely in the land.
Pros & Cons

Pros

Significant Development Potential: The property offers a rare opportunity for multi-unit development, 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.
Favorable R-2 Zoning: The R-2 zoning classification is ideal for investors and builders, directly supporting the proposed multi-unit development and maximizing the property's income-generating potential.
Professionally Prepared Plans: The availability of pre-drawn plans for three units significantly streamlines the development process, reducing initial planning costs and accelerating project timelines for the buyer.
Strategic & Accessible Location: Located near major freeways (60, 710), DTLA, Citadel Outlets, East LA College, and public transit, enhancing its appeal for future residents and potential rental income.
Optimal Lot Characteristics: A flat, deep lot with rear alley access and a long driveway provides excellent site flexibility for construction, parking, and potential unit separation, which is crucial for multi-unit projects.

Cons

High List Price Relative to Estimated Value: The property is listed at $650,000, which is 18% above its estimated value of $528,892, suggesting a premium for development potential that may require careful financial analysis.
Age and Condition of Existing Structure: Built in 1922, the current 1,232 sq.ft. home is likely outdated and may require substantial renovation or demolition, adding significant costs and time to any development project.
Buyer Responsibility for Verification: The listing explicitly states 'Buyer to verify all zoning, permits, and development potential,' placing the burden of due diligence and potential unforeseen regulatory hurdles entirely on the buyer.

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