2918 W Florence Avenue, Los Angeles, CA 90043
Commercial property · 2 recorded sales since 2017
Sold March 2024
Listing Agent: Ahmaad Coney (DRE #01392115) · Listing Office: The Coney Group · Contact: 310-345-7261 · Bought with: Ahmaad Coney · The Coney Group · MLS #23335583 · Source: CRMLS
About this commercial property
Motivated Seller! Make best offer! Can be delivered partially vacant at the close of escrow negotiable with offer. 2918 - 2920 w Florence Ave. Excellent commercial building currently being used as retail space, gym, with storage space in the rear. The property could used many ways with plenty Add Value potential. Zoning is C2 , 5709 square foot lot, TOC: Tier 2 so there is Development potential as well! Property currently being used as: 2 retail spaces in front building, Mini market and Salon / Boutique with 2 bathrooms and 2 showers; Middle building is open space gym. Rear building has 3 Storage spaces with a bathroom. Secured property with gated driveway and roll down gates on Florence Avenue retail spaces. High traffic street with good visibility during rush hour. New Loan with down payment, with seller's current mortgage lender or buyer's choice lender. SBA loan for qualified business owner users (up to 100% for existing business expansion subject to lender approval). Large parking area, driveway and open space around buildings. Close to SOFI stadium (Rams Chargers), Intuit Dome (Clippers), LA Coliseum and BMO Stadium (LAFC), Kia Forum, You Tube Theatre and more. Crenshaw corridor and Inglewood adjacent. Park Hills heights. Healthy access to public transit Crenshaw Line and LAX line plus buses. Walkable, surrounded by various small businesses. Residential areas for potential customers and/or tenants, if redeveloped. Broker and broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or un-permitted spaces, zoning or development potential, or other information concerning the condition or features of the property. The buyer is advised to independently verify the accuracy of all information. Check with governmental agencies. Zimas shows two separate address lots 2918 and 2920, but same APN. Sold as-is. Pro Forma financials can be provided by request. Seller wants all offers and to sell fast!
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history
