5720 Waring Avenue, Los Angeles, CA 90038

Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
5720 Waring Avenue,Los Angeles, CA 90038
$2,995,000
  • 0.3 Acres
  • Lots / Land
  • Active
Listed by: jonathan bloom, errol spiro
Office: miller & desatnik realty co.
MLS#:CL26989607
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,995,000

About this home

This 13,007-square-foot vacant lot is ideally located adjacent to Larchmont Village and offers a compelling multifamily development opportunity. The property is fully entitled and Ready-to-Issue (RTI) for an approximately 43,620-square-foot, five-story building containing 35 dwelling units. Approved plans also allow the recreation room to be converted into a one-bedroom, one-bathroom ADU, potentially increasing the project to 36 total units. A significant advantage of the project is its efficient parking design, which provides 17 on-grade parking spaces and eliminates the need for costly subterranean construction. The well-designed unit mix includes twelve two-bedroom/two-bathroom units, seven one-bedroom/one-bathroom units, and sixteen studio units. Seven units representing 20% of the project are designated for low-income tenants, consisting of three studios, two one-bedroom/one-bathroom units, and two two-bedroom/two-bathroom units. This affordable-housing allocation eliminates...

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Home facts

  • Listing ID #:CL26989607
  • Added:2 day(s) ago
  • Updated:September 20, 2026 at 02:57 PM

Structure and exterior

  • Lot area:0.3 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$2,995,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 20, 2026 CA_BRIDGEMLS Member Broker: Alison Daniels