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2160-2172 W Florence Ave - Residential/ Mixed Use Development Site 0.2 Acres of Commercial Land Offered at $1,600,000 in Los Angeles, CA 90047
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.
Property Facts
| Price | $1,600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.20 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | C2-1VL | ||
| Price | $1,600,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.20 AC |
| No. Stories | 1 |
| Zoning | C2-1VL |
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.20 AC |
| Price Per AC | $8,142,493.64 |
| Price | $1,600,000 |
| Price Per AC | $8,142,493.64 |
| Lot Size | 0.20 AC |
Development potential - FAR by right – 1.5, with TOC – 2.75.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $7,282 | |
| Land Assessment | $1,470,085 | Total Assessment | $1,477,367 |
Property Taxes
Parcel Numbers
Land Assessment
$1,470,085
Improvements Assessment
$7,282
Total Assessment
$1,477,367
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2160-2172 W Florence Ave - Residential/ Mixed Use Development Site
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