2813 Flower St Los Angeles, CA 90007

This exceptional 13,390 square foot property at 2813 South Flower Street in Los Angeles, CA (90007) presents a prime redevelopment opportunity. Located near USC and boasting a C2-1VL(TOC Tier 4) zoning permit, this fee-simple land offers significant potential for various uses. The property, built in 1962 and renovated in 1990, includes full entitlements for a 47-room hotel, streamlining the development process. Its prime location near USC, the 110 and 10 Freeways, BMO Stadium, Crypto Arena, and SoFi Stadium, ensures high visibility and accessibility. The asking price is $5,800,000, translating to $433.16 per square foot, reflecting both land and building value. This mixed-use site, encompassing commercial, hotel, and storefront potential, is ideal for investors seeking to capitalize on the vibrant downtown Los Angeles market's growth. The property's proximity to USC makes it particularly attractive for student housing or commercial ventures catering to the university community. With its convenient location and existing entitlements, this property represents a rare opportunity for a swift and profitable development project. The lot size is 13,390 square feet, matching the net rentable square footage. Two keys are included. The APN is 5123-019-031.