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1265 Lyman Pl, Los Angeles, CA 90029

List Price: $700,000On Market FlagOn market
Dec 22, 20231,593 sqft2 beds0 baths
Listed by: Mark Hong
License #: 01067529
Phone #: 213-251-9000
KORUS Real Estate
Source:
CRMLS Logo
MLS #: 24457607

Property Description

Adjacent to the Hollywood Presbyterian Medical Center.Vacant land - Redevelopment Opportunity. Zoning is C2-CSA1 (Tier 3). Part of the East Hollywood SNAP Plan - Allows for 3.0 / 1 F.A.R.Additional benefit for Hospital development - Allows for 4.5 / 1 F.A.R. with up to 200 ft height limit.Children's Hospital Los Angeles and Kaiser Permanente Medical Center are within walking distance. Walking distance to the Metro Rail (Red Line) at Vermont and Sunset.Convenient access to the 101 Hollywood Freeway.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
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TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$19,131

TurboHome Estimated Value

$987,700

$620 sqft

High Valuation
$1,037,085
$651/sqft
Normal Valuation
$987,700
$620/sqft
Low Valuation
$938,315
$589/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$620/sqft$987,700

Neighborhood: Mid Wilshire

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Comparative Value

$700K

$815K

$926K

$1.01M

1265 Lyman Pl, Los Angeles, CA 90029

List Price: $700,000

Subject Property

916 S Norton Ave, Los Angeles, CA 90019

Sale Price: $815,000

Selected Comparable

142 S Ardmore Ave, Los Angeles, CA 90004

Sale Price: $926,000

Selected Comparable

4206 Cumberland Ave, Los Angeles, CA 90027

Sale Price: $1,010,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1265 Lyman Pl, Los Angeles, CA 90029

1265 Lyman Pl, Los Angeles, CA 90029

List: $700,000

Listed: 12/22/2023

Area:1,593 sqft
Price/sqft:$439
Beds:2
Baths:—
Year Built:—
Lot Size:3,323

Comparable Properties

COMPARABLE
Choose comps
4206 Cumberland Ave, Los Angeles, CA 90027

4206 Cumberland Ave, Los Angeles, CA 90027

Sale: $1,010,000

8/19/2025 • 0.46 mi

Area:1,573 sqft
Price/sqft:$642
Beds:2
Baths:—
Year Built:—
Weight:46.5%
142 S Ardmore Ave, Los Angeles, CA 90004

142 S Ardmore Ave, Los Angeles, CA 90004

Sale: $926,000

8/8/2025 • 1.71 mi

Area:1,680 sqft
Price/sqft:$551
Beds:3
Baths:1
Year Built:—
Weight:29.1%
916 S Norton Ave, Los Angeles, CA 90019

916 S Norton Ave, Los Angeles, CA 90019

Sale: $815,000

11/15/2024 • 3.28 mi

Area:1,637 sqft
Price/sqft:$498
Beds:3
Baths:1
Year Built:—
Weight:24.4%

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