133 W Avenue 31 , Los Angeles, CA 90031

  • $750,000
133 W Avenue 31 , Los Angeles, CA 90031
Active Repairs Major
133 W Avenue 31 , Los Angeles, CA 90031
133 W Avenue 31 , Los Angeles, CA 90031
  • $750,000

Description

Rare Development Opportunity in Lincoln Heights. This single-family home with an additional structure sits on an expansive, flat lot zoned RD3-1 with TOC Tier 3 status opening the door to endless possibilities. Keep the original Craftsman charm with its roomy layout, soaring ceilings, and abundant natural light, or take advantage of the easy-to-build lot and create a profitable multi-unit project.Located in a state-designated housing and enterprise zone, this property qualifies for density bonuses, reduced parking requirements, faster approvals, and major developer incentives. Key Highlights: Expansive, flat lot with RD3 zoning multi-unit potential. TOC Tier 3, build more units with fewer parking requirements. Enterprise & Housing Element site added incentives and faster approvals. Craftsman character with tons of natural light. Steps from Zizou, Moo’s Craft Barbecue, Mazel, and Terra Mia. Minutes to Chinatown, Highland Park, and DTLA. Strong renter and buyer demand in a thriving neighborhood. Whether you’re looking to develop, invest, or design your dream home, this property is a rare chance to grab a prime piece of Lincoln Heights with character, location, and high ROI potential.

  • Address 133 W Avenue 31
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90031
  • Country US

Details

Updated on August 28, 2025 at 5:40 pm
  • Property ID: 25579117
  • Price: $750,000
  • Property Size: 1768
  • Land Area: 0.1436 Acres
  • Bedrooms: 3
  • Bathrooms: 2
  • Garage Size: x x
  • Year Built: 1905
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

Contact Information

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  • Hoyt Hochman