Property listed by eXp Realty of Greater Los Angeles, Michelle Colbert 888-652-1314
1438 W Florence Avenue
Los Angeles, CA 90047
Square Ft.
840
$700,000
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'… Read More 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 Read Less
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
840
Lot Size
0.14 Acres
Year Built
1938
MLS Number
26102600
Additional Details
Building
Built in 1938
Home Owner's Association
Association Fee: $0
Lot
0.1355 acres
Taxes
Parcel Number: 6018007005, Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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