RTI Development Project with SB8 Exemption letter in hand. Ready to Start Construction!! Perfectly designed RTI development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes approved RTI plans for a 6-unit apartment building, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature three townhome-style buildings, two of each are three stories high, along with an additional two-story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1-bedroom, 1-bathroom oversized ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB-8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought-after asset. This presents a unique opportunity to invest in a fully planned housing development in one of Los Angeles' most dynamic neighborhoods. Just down the street from Exposition Park, home to numerous stadiums and museums, a half-billion-dollar project is set to be completed before the upcoming Olympics. Whether you're an investor or a developer, this project offers the potential for significant returns in an exceptionally desirable location.
Lot/land
$1,100,000
1234 W 39th Pl, Los Angeles, CA 90037
--beds
--baths
6,756.16Square Feet
Unimproved Land
Built in ----
6,756.16 Square Feet Lot
$1,084,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 hours
- on Zillow |
- 25 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
Arash Pashaei DRE # 02024961 310-402-9161,
Keller Williams Beverly Hills 310-432-6400
Source: CLAW,MLS#: 25576913

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 6,756.16 Square Feet
- Dimensions: 50 x 135
Details
- Parcel number: 5037005003
- Zoning: LARD1.5
- Special conditions: Standard
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $510,653
- Annual tax amount: $6,440
- Date on market: 8/11/2025
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