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3520 W Florence Avenue

Los Angeles (City), CA 90043
  • $1,995,000
  • STATUS: Active
  • ON SITE: 128 Days
  • ID#: SB24026450
UPDATED: 123 min ago
$1,995,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-14T00:36:51.777. 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 Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147317786
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3520 W Florence Avenue Los Angeles (City), CA 90043

  • Price: $1,995,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 123 min ago
  • ID#: SB24026450
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
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
Exterior Features

Lot Features 0-1 Unit/Acre View Landmark View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkGolfSidewalksUrban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-14T00:36:51.777. 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 Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)