For Sale
$1,895,000

1101 Florence Ave Los Angeles, CA 90044

Prime LA location, 5,683 sq ft, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5,683 square foot property located at 1101 W Florence Ave, Los Angeles, CA 90044, presents a unique investment opportunity. Built in 1912, this single-story building sits on a 7,864 square foot lot and is zoned LA C-2, allowing for potential redevelopment into up to 19 units. Currently configured as a religious facility, the property offers significant potential for various uses, including educational purposes or adaptive reuse. The asking price is $1,895,000, translating to $333.45 per square foot. The property boasts a single unit and features a total of one building. The APN is 6014-035-016. The property is currently vacant with an occupancy date of June 18, 2024. This is a rare chance to acquire a piece of Los Angeles history with significant upside potential. The property has already received TOC Tier III and ED-1 Fast Track status, streamlining the redevelopment process. A virtual tour is available.

Highlights

  • $1,895,000 asking price for this special purpose property.
  • 5,683 square foot building on a 7,864 square foot lot.
  • Located at 1101 W Florence Ave, Los Angeles, CA 90044.
  • LA C-2 zoning permits redevelopment into up to 19 units.
  • Built in 1912, this single-story building features one unit.

Property Details for 1101 Florence Ave

Property type
Specialty properties, Churches & religious facilities
Square Feet
5,683 SF
Year Built
1912
Buildings
1
Stories
1
Units
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.974563240206
Longitude
-118.29384373959

FAQs

What type of property is this?
Specialty property - Prime LA location, 5,683 sq ft, redevelopment opportunity.
Where is the specialty property located?
The property is located at 1101 Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: $1,895,000 asking price for this special purpose property.; 5,683 square foot building on a 7,864 square foot lot.; Located at 1101 W Florence Ave, Los Angeles, CA 90044.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1101 Florence Ave
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