Commercial Property — 1101 W Florence Avenue, Los Angeles, CA
$1,100,000
1101 W Florence Avenue, Los Angeles, CA
About this property
Presenting 1101 West Florence Avenue, Los Angeles, CA, 90043-1821. This is a specialty purpose property, previously occupied as a Religious Establishment. Great opportunity as there are no occupants, leases or obligations. This is a true add-value property. The current base zone is C2 + Transit Oriented Community Tier 3 + Executive Directive Tier 1 which means you’re eligible for “Fast Track” permits for multi-residential—potentially up to 33 units thanks to the 70% density bonus, or mixed-use space retail on the ground-floor and residential units top level (buyer to verify). Live-work income stacking, long-term value. Alternatively, the property can be renovated for ministries, outreach programs, nonprofit use, or educational facility. The seller is flexible with creative structuring; seller financing, joint-venture, partnerships, submit your LOI. Great location only minutes from Crypto Arena, Downtown LA, SoFi Stadium, and right in the heartbeat of LA with dozens of authentic restaurants, bars, and shops. If you’re an investor, developer, or visionary ready to create something special in the heart of Los Angeles—this is your move.
Property details
Location
1101 W Florence Avenue • Los Angeles, CA 90044
Listed by
Jose Alonso · RE/MAX Gateway