At Maher Commercial Realty, we specialize in unlocking the full potential of properties across Los Angeles County. Our expertise in zoning analysis, density maximization, and development entitlements helps investors and developers transform assets into high-value projects. Below, explore four active opportunities and one in escrow property showcasing the diverse range of development possibilities in LA’s most dynamic markets.
🏗️ Active Development Opportunities
1. 2046 Sunset Plaza Drive | Hollywood Hills Luxury Estate
Price: $1,995,000 | RTI Single-Family Development
- Lot Size: 9,378 SF | Planned Residence: 4,451 SF
- Design: COSI Designs modern hillside estate
- Features: 4 bedrooms, 6 bathrooms, infinity-edge pool, rooftop solar
- Views: Panoramic city views spanning DTLA, Beverly Hills, Century City
- Location: Prestigious street surrounded by $20M+ estates
- Status: Ready-to-Issue permits for immediate construction
- Neighborhood: Minutes from Sunset Blvd, premier dining, luxury shopping
2. 2516-2524 W. Beverly Blvd | Montebello Mixed-Use Powerhouse
Price: $3,350,000 | 128-Unit Development Potential
- Lot Size: 22,420 SF | Zoning: C-2 “Corridor” Designation
- Current Improvements: 9,975 SF retail/warehouse (can be delivered vacant)
- Development Potential: Up to 128 units as 100% affordable project
- Location: Signalized intersection with 33,600 VPD
- Parking: 24 spaces | Frontage: 250+ feet
- Demographics: 96,000+ residents within 1 mile
- Montebello 2040 General Plan: Allows 1-4 story buildings, 40-60 units/acre
3. 203 N. Oxford Avenue | Koreatown RTI 30-Unit
Price: $1,890,000 | Ready-to-Issue Multifamily
- Lot Size: 7,163 SF | Zoning: R4-1 TOC Tier 3
- Entitlements: RTI permits for 7-story, 30-unit building
- Building Size: 31,545 SF | Parking: 18 spaces
- Unit Mix: 24 one-bedroom, 6 two-bedroom units
- Price per Door: $63,000 – below market average
- Location: Walk Score 90+, near Paramount Studios, 101 Freeway
- Rents: New construction achieving $4.00+/SF
4. 14924 Roscoe Blvd | Panorama City 17-Unit
Price: $3,995,000 | 5.86% Cap Rate | Stabilized Multifamily
- Building: 13,422 SF | Lot Size: 17,070 SF
- Units: 17-unit mix (studios to 3-bedroom)
- Unit Size Average: 825 SF (larger than market)
- Special Feature: One 3-bedroom townhouse-style unit with conversion potential
- NOI: Strong in-place income with only one vacancy
- Location: High-traffic Roscoe Blvd corridor
- Value: Above-market cap rate for San Fernando Valley
⚖️ In Escrow
5. 8553 West Knoll Drive | West Hollywood Luxury Townhomes
Price: $2,500,000 | Preliminarily Entitled Site
- Lot Size: 7,705 SF (oversized for West Hollywood West)
- Entitlement: 5 luxury townhomes approved
- Unit Mix: 3 bedrooms, 3.5 bathrooms each (1,920-1,925 SF)
- Features: Private rooftop terraces, on-grade garages (no subterranean parking)
- Location: 2 blocks from Sunset Strip (Walk Score: 91)
- Adjacent: Soho House, Nobu, Equinox, Trader Joe’s
- Rare Find: Boutique project in supply-constrained, high-amenity corridor
Development Comparison
| Property | Type | Price/Door | Strategy | Key Advantage |
|---|---|---|---|---|
| 2046 Sunset Plaza | Luxury Estate | N/A | RTI Construction | Trophy Views |
| 2516 Beverly | Mixed-Use | $26,172 | Affordable Housing | 128-Unit Potential |
| 203 Oxford | Multifamily | $63,000 | RTI Development | Shovel-Ready |
| 14924 Roscoe | Stabilized MF | $235,000 | Cash Flow | 5.86% Cap Rate |
| 8553 Knoll | Townhomes | $500,000 | Luxury Product | Prelim Entitled |
Why Invest in LA Development Properties?
✅ Diverse Product Types
- Luxury single-family estates to high-density affordable housing
- Stabilized cash-flowing apartments to luxury townhomes
✅ Entitlement Advantages
- RTI permits (203 Oxford, 2046 Sunset Plaza) for immediate construction
- Preliminary entitlements (8553 Knoll) reducing development risk
- TOC density bonuses up to 100% (203 Oxford)
- Affordable housing incentives (2516 Beverly)
✅ Market Demand Drivers
- Housing shortage: LA needs 500,000+ new units by 2030
- Luxury premium: Hollywood Hills estates achieving $2,000+/SF
- Transit growth: TOC bonuses near Metro lines
- Affordable housing: ED1 projects with ministerial approval
Market Insights
- Hollywood Hills: Trophy estates trading at $400-600/SF land value
- Montebello Corridor: C2 zoned land appreciating 15% YoY with new General Plan
- Koreatown: RTI multifamily sites at $60-80K/door
- Panorama City: Above-market cap rates due to oversized units
- West Hollywood: Luxury townhomes achieving $1,200-1,500/SF sale prices
Investment Strategies
- Luxury Development (2046 Sunset Plaza, 8553 Knoll)
- High-end residential with premium sale prices
- Affordable Housing (2516 Beverly)
- 100% affordable projects with density bonuses
- Transit-Oriented Development (203 Oxford)
- TOC Tier 3 sites with reduced parking requirements
- Value-Add Multifamily (14924 Roscoe)
- Stabilized assets with upside through unit reconfiguration
Our Development Expertise
We’ve successfully closed deals involving:
- TOC Tier 1-4 density bonus applications
- ED1 100% affordable housing projects
- Luxury residential entitlements in constrained markets
- RTI permit acquisition and transfer
- Value-add repositioning of existing multifamily
Free Development Analysis
Own property in Los Angeles? We provide:
- Complimentary zoning and density analysis
- Pro forma development projections
- Builder/developer matchmaking from our extensive network
Take the Next Step
These properties represent exceptional opportunities across Los Angeles’ most dynamic neighborhoods—from luxury estate development to affordable housing creation and stabilized cash flow investments.
Contact us today to schedule tours of our active listings or discuss off-market opportunities.
Maher Commercial Realty: Your trusted partner in development and investment properties across Los Angeles.
All information deemed reliable but not guaranteed. Buyer to verify all details.
