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Westside Los Angeles Homebuilder

We Buy Teardown Lots and Build From the Ground Up.

Two Stories Residential acquires flat lots across LA's Westside and builds architecturally refined single-family homes — all-cash, no contingencies, 12–15 month build cycles.

19
Projects Completed
37
Lots Acquired
14 Yrs
Track Record
Zero
Net Losses

A Focused Homebuilder with a Repeatable Model.

Two Stories Residential is a Los Angeles–based homebuilder specializing in ground-up single-family construction on the Westside. We acquire flat teardown lots, demolish the existing structure, and build architecturally refined two-story homes designed for modern living.

Our approach is built on a simple idea: eliminate complexity. We work exclusively in four neighborhoods we know block by block, use pre-engineered plan sets optimized for each lot, and maintain long-standing relationships with the same trades and consultants on every project. The result is a 12–15 month cycle from acquisition to sale — with predictable quality at every stage.

TSR has completed 19 projects across approximately 82,000 square feet. Every project has been profitable.

19
Homes Built & Sold
~82K
Square Feet Delivered
4
Westside Micro-Markets
80%
Recurring Trade Partners

Lot to Living Space in 12–15 Months

Every project follows the same disciplined cycle — no discretionary approvals, no speculation, no surprises. Fully by-right execution from start to finish.

01

Acquire

1–2 Months

All-cash purchase of a flat teardown lot. We underwrite thoroughly before making an offer — no contingencies, no re-trades.

02

Design & Permit

~2 Months

Pre-engineered plan sets tailored to each lot. Fully by-right — no variances, no design review boards, no discretionary approvals required.

03

Build

~9 Months

Ground-up construction with standardized scopes, value-engineered budgets, recurring trades, and quality control frameworks refined across 19 projects.

04

Sell

1–3 Months

Listed in deeply liquid markets where the majority of comparable homes sell within 30 days. Median days on market: 11–26 across our neighborhoods.

We Close Quickly, Pay Cash, and Never Re-Trade.

We're the actual end buyer — not a wholesaler, not a flipper. When you bring us a teardown lot, you're dealing directly with the principal who will design and build on it. Fewer surprises, faster closes.

$

All-Cash Purchases

No financing contingencies, no lender delays. We close with cash in as few as 7 days from agreement.

Zero Contingencies

We underwrite fully before making an offer. Once we commit, we don't re-trade on inspection, appraisal, or financing.

Programmatic Buyer

We don't stop after one deal. We're actively acquiring lots on an ongoing basis — brokers who bring us quality properties become long-term partners.

37 Lots Acquired Since 2011

We've evaluated hundreds of properties and know these neighborhoods block by block — pricing, zoning, buyer profiles, build feasibility.

What We're Looking For

We buy flat teardown lots in four Westside neighborhoods. Condition of the existing home is irrelevant — we're demolishing and building from the ground up. If you have a listing or a pocket deal that fits these criteria, we want to hear from you.

5,700–12,000 SF LotsFlat TopographyMar VistaVeniceBrentwoodCheviot Hills
Bring Us a Deal

We Buy Directly from Homeowners.

If you own a home on a flat lot in one of our target neighborhoods and you're thinking about selling, we'd like to make you a fair, all-cash offer. No agents required, no showings, no uncertainty.

Fair Cash Offer

Our offers are based on lot value and comparable data, backed by 14 years of pricing expertise in these specific neighborhoods. Competitive and straightforward.

Close on Your Timeline

We can close in as few as 7 days — or on whatever schedule works for you. You pick the date.

No Repairs, No Staging

We're building from the ground up. The condition of your home doesn't matter. Sell it exactly as it is today.

Save on Commissions

Sell directly to us with no listing agent commissions. No open houses, no marketing, no waiting.

Discreet & Professional

No signs in your yard, no parade of strangers. We handle every acquisition quietly and respectfully.

Proven & Local

We've been building on the Westside since 2011. We're not speculators — we're a homebuilder with a long track record in your neighborhood.

Get a Cash Offer or Call 310.617.3335

Designed for How People Actually Live

Every TSR home is built with premium materials, carefully articulated layouts, seamless indoor-outdoor flow, and timeless finishes. Each residence spans 4,000–6,000 square feet and is thoughtfully tailored to its neighborhood.

Inquire About Available Homes

Four Westside Neighborhoods. Deep Local Knowledge.

We focus exclusively on these micro-markets because we know them — the streets, the buyers, the pricing, the zoning. Concentration is our edge.

Mar Vista

13
Median Days on Market

75% of homes sell within 30 days

Venice

14
Median Days on Market

63% of homes sell within 30 days

Brentwood

26
Median Days on Market

54% of homes sell within 30 days

Cheviot Hills

11
Median Days on Market

75% of homes sell within 30 days

Institutional & Family Office Partnerships

TSR selectively partners with family offices and qualified investors seeking short-duration, execution-driven real estate exposure on the Westside. If you're exploring opportunities, we welcome a confidential conversation.

Let's Talk.

Whether you're a broker with a listing, a homeowner looking to sell, or a buyer interested in one of our homes — we'd like to hear from you.

Principal
Phillip Illoulian
Location
Los Angeles, CA