0 Baths

$2,495,000

1047 S Corning Street, Los Angeles CA, 90035

Price per sqft$513.16

Lot size0.11 Acres

Property typeLand

Listed by Sally Forster Jones CA DRE# 00558939 with Compass 310-579-2200

Overview

Active

Listed Aug 28, 2026

Updated 4 weeks ago

RTI: A vacant, R3 infill development site in Pico-Robertson / Faircrest Heights, minutes from Beverly Hills. On this street, value is the land and density. Offered as-is. The project architect has advanced pre-application plans for a 6-story, 15-16 unit building (12 market-rate + 3 very-low-income) over a subterranean garage, moving the site from 6 units by-right to 1516 via Transit Oriented incentives, a 22-ft height bonus to 67 ft, and zero required parking (AB 2097). That density is the value engine, and the basis for pricing per buildable unit rather than as an occupied home.

Additional information

MLS^® ID: 26906761

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

55+/Senior Community: No

Listed by Sally Forster Jones CA DRE# 00558939 with Compass 310-579-2200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/7/2026 at 2:27 AM UTC Last Checked: 2:27 AM UTC