1431 N Vista St
LOS ANGELES, CA 90046

Property

Ownership: For Sale
Area: 6528 sq ft
Lot Size: 0.15 Acres

Financials

Price:$1,700,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

1431 N Vista St Hollywood Hills East La

Description

The LAAA Team is pleased to present 1431 N Vista Street, a prime infill development opportunity located in the heart of Los Angeles, directly bordering West Hollywood. This 6,528 square foot parcel is positioned within a high opportunity, transit oriented corridor that supports increased density through multiple incentive programs. With favorable R3-1 zoning, ministerial entitlement pathways, and no parking requirements under AB 2097, the property provides investors with a streamlined, high yield development scenario featuring substantial upside potential. The site will be delivered vacant at closing, offering a clear path to demolition and immediate entitlement.Notably, the Seller previously commissioned concept plans for a 38-unit, four-story 100% affordable housing project, demonstrating the site's robust development capacity and feasibility under current density programs. Currently improved with two residential structures, the property is designated Medium Residential under the City's General Plan. Multiple development pathways are available, offering flexible yield scenarios. The recommended development track is MIIP TOIA-1, balancing optimal yield (18 units) with a ministerial, no-CEQA entitlement process. This option requires approximately 14% Very-Low-Income units (3 units) and any necessary replacement units. AB 2097's parking exemption further enhances design efficiency and overall feasibility. The Seller's prior 38-unit affordable concept further underscores the site's ability to support a larger-scale program under the ED1 /AHIP framework. Positioned just south of Sunset Boulevard, 1431 N Vista Street benefits from exceptional walkability, proximity to major employment centers, and access to the Metro B Line (Hollywood/Highland Station) within half a mile. The property is located within the City of Los Angeles, directly bordering West Hollywoodallowing residents to enjoy West Hollywood's premier amenities, dining, and nightlife without the added layers of governmental red tape associated with its jurisdiction. The site also lies within a TCAC Highest Opportunity Area, reflecting long-term demographic stability and consistent renter demand.Surrounded by Hollywood's vibrant restaurant, retail, and entertainment scene, the location offers a compelling live-work-play environment. As development capital continues to target high-opportunity, transit-served neighborhoods, 1431 N Vista Street represents a rare, small-scale infill site in one of Los Angeles's most dynamic and supply-constrained submarketsdelivered vacant, with proven design potential for up to 38 units, and ready for immediate redevelopment.

Neighborhood

More listings:

CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.