3520 Florence Avenue

Los Angeles, CA 90043

$1,995,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten $180 / sqft

calendar_month Built

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

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 3520 Florence Avenue
City Los Angeles
State CA
Zip 90043
County Los Angeles
Listing Agent Aaron Jacobson DRE#02100737
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
MLS SB24026450
List Price $1,995,000
Status Active
Type Land
Structure Size N/A
Lot Size 11,054
DOM 63

Exterior Information

Maps

Listing information courtesy of: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 7th, 2024 at 9:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.