# 1047 S Corning St, Los Angeles, CA 90035

> **TL;DR:** land, $2,495,000. Est. $13,344/mo. Listed 65 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,495,000 |
| Lot Size | 4,861 sqft (0.11 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 65 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $12,616 |
| Estimated Insurance | $728 |
| **Total** | **$13,344** |

## Property Highlights

- 0.11 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 1047 S Corning St, Los Angeles, CA 90035
- **County:** Los Angeles
- **Coordinates:** 34.057945, -118.377586
- **Google Maps:** https://www.google.com/maps?q=34.057945,-118.377586

## Listing Agent

- **Name:** Sally Forster Jones · **License:** 00558939
- **Brokerage:** Compass
- **Broker Phone:** 3102305478
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1047-S-Corning-St_Los-Angeles_CA_90035_M27953-82258?f=listhub&s=CLAWCA&m=26906761&c=propsimple)

## Photos

![1047 S Corning St - Photo 1](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f1804434596r.jpg)

![1047 S Corning St - Photo 2](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f2045635892r.jpg)

![1047 S Corning St - Photo 3](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f1203308721r.jpg)

![1047 S Corning St - Photo 4](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f2080111348r.jpg)

![1047 S Corning St - Photo 5](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f814811230r.jpg)

![1047 S Corning St - Photo 6](http://lh.rdcpix.com/97a3a5b2d88cdd626b5e8b01a199d8fbl-f605421723r.jpg)

---

**MLS#:** 26906761 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1047-s-corning-st-los-angeles-ca-90035-bb371a3a8ae1432cb1cb8c5faff7342c)

---

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