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$2,495,000

  • For Sale
  • Active
  • Lots/Land
  • 0.1116 Acres
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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.

Full Property Details for 1047 S Corning St

General

  • Price: $2,495,000
  • Status: Active
  • Type: Lots/Land
  • Source: CLAW
  • MLS ID: 26906761
  • Updated: 8/28/2026
  • Added to Site: 39 day(s) ago

Location

  • Area: Beverly Center-Miracle Mile
  • County: Los Angeles
  • Driving Directions: South of W. Olympic Blvd.

Lot Features

  • Lot Size (Acres): 0.1116
  • Lot Size: 4862
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR3

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 4332-025-028

Listed by Compass, Sally Forster Jones and Compass, Marc Sonnenthal

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Listing agents

— 1047 S Corning St —

  • Sally Forster Jones

    Compass

  • Marc Sonnenthal

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1047 S Corning St

School District:Los Angeles Unified School District
NameGradesDistance
Carthay Center Elementary
6351 West Olympic Boulevard, Los Angeles, CA 90048
K-50.5 mi
Emerson Community Charter School
1650 Selby Avenue, Los Angeles, CA 90024
6-83.4 mi
Fairfax Senior High School
7850 Melrose Avenue, Los Angeles, CA 90046
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1047 S Corning St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/28/2026
Listed
$2,495,000
20.3%
MLS
7/07/2026
Sold
$2,074,044
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1047 S Corning St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,079
—
$1,623,648
2%
2025
$19,079
3%
$1,591,812
4%
2023
$18,519
5%
$1,530,000
4%
2022
$17,652
3%
$1,471,649
2%
2021
$17,122
-2%
$1,442,794
1%
2020
$17,535
4%
$1,428,000
2%
2019
$16,837
851%
$1,400,000
974%
2018
$1,771
2%
$130,311
2%
2017
$1,737
5%
$127,757
2%
2016
$1,661
1%
$125,253
2%
2015
$1,639
-1%
$123,372
2%
2014
$1,658
—
$120,956
—
2013
$1,652
—
$120,411
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Sally Forster Jones and Compass, Marc Sonnenthal

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1047 S Corning St, Los Angeles, CA 90035 (MLS# 26906761) is a Lots/Land property with a lot size of 0.1116 acres. 1047 S Corning St is currently listed for $2,495,000 and was received on August 28, 2026. Want to learn more about 1047 S Corning St? Do you have questions about finding other Lots/Land real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.

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