For Sale
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2300 Florence AveHuntington Park, CA 90255

51-unit apartment building, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 2300 E Florence Ave, Huntington Park, CA 90255, presents a unique investment opportunity. The 19,130 square foot lot (0.439 acres), zoned for Mixed Use Development (MXD), allows for a variety of uses. Currently configured as a 51-unit apartment building, the property offers significant potential for redevelopment or expansion. Its strategic location in Los Angeles County provides convenient access to public transportation, thanks to its proximity to the expanding Los Angeles Metro Line. The MXD zoning permits a blend of residential, commercial, and limited light industrial uses, fostering a vibrant and self-sufficient community. This zoning encourages compact development, promoting walkability, cycling, and transit use. The property's APN is 6025-029-039. Specific permitted uses include those allowed in R-A zones, and with a Conditional Use Permit (CUP), uses permitted in R-4, M-1, A-C, and SR-D zones, or any combination thereof. Development standards include a maximum height limit of 35 feet, minimum parking requirements of 2 covered spaces per dwelling unit (or as specified in a CUP), and building setbacks as defined in zone R-A or by a CUP. The property is subject to specific sections of the Huntington Park Municipal Code, including sections 22.26.030 (Mixed Use Development Zone), 22.418.080 (Community-Wide Development Standards), and 22.418.090 (TOD Zone Additional Development Standards). This property offers a compelling blend of existing income and future development potential in a rapidly growing area. The Florence-Firestone TOD Specific Plan further enhances the long-term prospects of this investment.

Highlights

  • 2300 E Florence Ave, Huntington Park, CA 90255
  • Asking Price: Best Offer
  • Up to 51 units
  • APN: 6025-029-039; 19,130 sq ft (0.439 acres)
  • Zoning: Mixed Use Development (MXD)
  • General Plan: Florence-Firestone TOD Specific Plan

Property Details for 2300 Florence Ave

Property type
Mixed-use properties, Land
Square Feet
19,130 SF
Lot Size (sq. ft)
19,123 SF
Units
51

Location Insight

City
Huntington Park
County
Los Angeles
State
California
Latitude
33.97435462
Longitude
-118.23153832
2300 Florence Ave, Huntington Park, California

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2300 Florence Ave
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