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    3520 W Florence Avenue

    Los Angeles (City), CA 90043
    • $1,300,000
    • STATUS: Active Under Contract
    • ON SITE: 32 days
    • ID#: 21731248
    Under Contract
    UPDATED: 101 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 2021-06-14T09:45:26.54. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
    www.hometownnorthcounty.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: 101 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 2021-06-14T09:45:26.54. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
     
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    eXp Realty of California Inc.
    2603 Camino Ramon Suite 200
    San Ramon CA, 94583