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3520 W Florence Avenue

Los Angeles (City), CA 90043
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 35 days
  • ID#: 21731248
Under Contract
UPDATED: 132 min ago
$1,300,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Proudly presenting this well-located Fairview Heights redevelopment opportunity at 3520 W. Florence Avenue, LA 90043. The property features an 11,051sf lot zoned R3 in a TOC Tier 3 area allowing for additional units & increased density for a TOC redevelopment project. This lot would allow for approx. 13 new units by-right and 23 new units for a TOC build. No CDO/CPIO requirements and located in a Hubzone & LA State Enterprise Zone. There is currently a vacant 1,967sf triplex building on-site. Located in a great rental pocket just west of Crenshaw Blvd, and only 1.8 miles from Sofi Stadium/Hollywood Park/The Forum. Also only approx. 0.2 miles from the new Fairview Heights metro station that is anticipated to open during 2021. This property presents a great opportunity to build new multifamily units in a rapidly appreciating LA submarket with fantastic proximity to Inglewood/LAX & the Beach Cities. Contact us today for more details!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T11:10:20.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
www.laffinsrealestate.com/homes/117119435
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3520 W Florence Avenue Los Angeles (City), CA 90043

  • Price: $1,300,000
  • Status: Active Under Contract
  • Updated: 132 min ago
  • ID#: 21731248
0
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Proudly presenting this well-located Fairview Heights redevelopment opportunity at 3520 W. Florence Avenue, LA 90043. The property features an 11,051sf lot zoned R3 in a TOC Tier 3 area allowing for additional units & increased density for a TOC redevelopment project. This lot would allow for approx. 13 new units by-right and 23 new units for a TOC build. No CDO/CPIO requirements and located in a Hubzone & LA State Enterprise Zone. There is currently a vacant 1,967sf triplex building on-site. Located in a great rental pocket just west of Crenshaw Blvd, and only 1.8 miles from Sofi Stadium/Hollywood Park/The Forum. Also only approx. 0.2 miles from the new Fairview Heights metro station that is anticipated to open during 2021. This property presents a great opportunity to build new multifamily units in a rapidly appreciating LA submarket with fantastic proximity to Inglewood/LAX & the Beach Cities. Contact us today for more details!
Exterior Features

View City Lights View YN Yes

Property Features

Additional Parcels YN No Buyer Financing CashConventionalPrivate Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Possession Close Of Escrow Senior Community YN No Sewer Other Special Listing Conditions Standard Zoning Lar3

Listing provided courtesy of Matthew Dunfrund of Keller Williams Realty Los Feliz


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T11:10:20.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
 
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Remax of Chico - The Laffins Real Estate Team
1834 Mangrove Ave
Chico CA, 95926