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Bedrooms
$700,000
FOR SALELos Angeles, CA
MLS# 26104084
Michelle Colbert
Listing Agent
eXp Realty of Greater Los Angeles
DRE #: 01937337
(888) 652-1314Brokerage: eXp Realty of Greater Los Angeles
Dominick Faraone
Co-Listing Agent
Miller & Desatnik Realty Co.
DRE #: 01925895
Brokerage: Miller & Desatnik Realty Co.
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Bedrooms
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Bathrooms
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Square Feet
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Year Built
5,902 sqft
Lot Size
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Price/Sq Ft
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Garage Spaces
N/A
HOA
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Property Type
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
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Closed sales reported in 90047, nearest first, last 12 months. All recent sales in Los Angeles →
1438 W Florence Avenue
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