$1,995,000

3520 Florence Avenue, Los Angeles 90043

11,054

Lot Size

Listing Agent
Aaron Jacobson - Lyon Stahl Investment Real Estate, Inc.

Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked

Facts & Features

MLS® # SB24026450
Price $1,995,000
Bathrooms 0.00
Lot Size 11,054
Type Land
Status Active

Community Information

Address 3520 Florence Avenue
Area PHHT - Park Hills Heights
City Los Angeles
County Los Angeles
Zip Code 90043

Amenities

View Landmark
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed February 6th, 2024
Days on Market 85
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAaron Jacobson
OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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