Building Size
840 sf
Lot Size
5,902 sf
Status
Active
Listing Agent: Michelle Colbert, eXp Realty of Greater Los Angeles
Los Angeles
1438 W Florence Avenue
About This Property
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
Neighborhood
This property is located in Los Angeles. Want to learn more about the area?
Explore CommunitiesAsking Price
$700,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Michelle Colbert
eXp Realty of Greater Los Angeles
