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2160-2172 W Florence Ave - Residential/ Mixed Use Development Site

0.2 Acres of Commercial Land Offered at $1,775,000 in Los Angeles, CA 90047

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Investment Highlights

Ideal for affordable housing, market rate housing, senior housing, or mixed use development.
Excellent frontage on Florence Ave

Public transit accessible with 4 bus stops immediately adjacent to the property.
13,660 SF lot

Executive Summary

Residential/ Mixed use development site near Sofi Stadium.

2160-2172 W Florence Ave_Flyer[27]

Property Facts

Price	$1,775,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Senior Auto Dealership Auto Repair Hold For Development Planned Unit Development
No. Lots	1	Total Lot Size	0.20 AC

Price	$1,775,000
Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Senior Auto Dealership Auto Repair Hold For Development Planned Unit Development
Total Lot Size	0.20 AC

1 Lot Available

Lot

Price	$1,775,000	Lot Size	0.20 AC
Price Per AC	$9,033,079

Price	$1,775,000
Price Per AC	$9,033,079
Lot Size	0.20 AC

Development potential - FAR by right – 1.5, with TOC – 2.75.

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Walk Score ®

Very Walkable (75)

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PROPERTY TAXES

Parcel Numbers	Multiple 6017-004-013 6017-004-035 6017-004-012	Improvements Assessment	$7,140
Land Assessment	$1,441,260	Total Assessment	$1,448,400

PROPERTY TAXES

Parcel Numbers

Multiple

6017-004-013
6017-004-035
6017-004-012

Land Assessment

$1,441,260

Improvements Assessment

$7,140

Total Assessment

$1,448,400

zoning

Zoning Code	C2-1VL
C2-1VL

(661) 993-4383

Contacts

Chris Steck
John Anthony
Kidder Mathews

Listing ID: 33741810
Date on Market: 11/4/2024
Last Updated:
Address: 2160-2172 W Florence Ave, Los Angeles, CA 90047

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2160-2172 W Florence Ave, Los Angeles, CA for sale Primary Photo- Image 1 of 13 — Primary Photo

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