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    3520 W Florence Ave

    Los Angeles, CA 90043
    • $1,275,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 21-731248
    UPDATED: 43 min ago
    $1,275,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    School District:

    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 13 new units by-right and approx. 26 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 the Combined LA/Westside Multiple Listing Service as of 2021-07-25T15:42:45.527. 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.
    www.searchdesertrealestate.com/homes/117118665
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    3520 W Florence Ave Los Angeles, CA 90043

    • Price: $1,275,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 21-731248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    School District:
    Los Angeles Unified
    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 13 new units by-right and approx. 26 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

    Cross Streets On Florence Between West & Crenshaw Blvd Horse YN No Lot Description Redevelopment AreaTear Down On Lot Lot Location Alley Access Lot Size Area 11051 View Description CityCity Lights View YN Yes Water Frontage None

    Property Features

    Cable YN Yes Electric On Site Gas On Site Land Lease Type Fee Potential Usage Lot Allows For Approx. 13 Units By-Right And As Many As 23 New Units For A Toc Redevelopment Project Present Use Triplex Sale Type Standard Sewer In Street Site Description City Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Street Lights YN True Water Public Zoning Lar3

    Listing provided courtesy of Matthew Dunfrund DRE# of Keller Williams Realty Los Feliz.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T15:42:45.527. 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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    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
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