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$700,000

FOR SALE
Active

1438 W Florence Avenue

Los Angeles, CA

MLS# 26104084

10 days on marketNalren refreshed

Listing Agent

Michelle Colbert

Listing Agent

eXp Realty of Greater Los Angeles

DRE #: 01937337

(888) 652-1314

Brokerage: eXp Realty of Greater Los Angeles

Dominick Faraone

Co-Listing Agent

Miller & Desatnik Realty Co.

DRE #: 01925895

Brokerage: Miller & Desatnik Realty Co.

Property Details

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Bedrooms

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Bathrooms

N/A

Square Feet

N/A

Year Built

5,902 sqft

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Excellent development opportunity in South Los Angeles! Situated along the Florence Avenue commercial corridor, this 5,902 SF lot is zoned LAC2, offering potential for multifamily residential, mixed-use, or commercial development. Preliminary zoning suggests the potential for approximately 14 residential units, with additional density possible through the City of Los Angeles' CHIP, MIIP, AHIP, or State Density Bonus programs. Qualifying projects may benefit from increased density, additional height, and reduced parking requirements. Ideal opportunity for developers and investors looking to capitalize on the area's redevelopment potential. Buyer to verify all zoning, development potential, and applicable incentives with the City of Los Angeles

Facts & Features

Parking

Parking Total
0

Community / HOA

HOA
No

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