3520 W Florence Avenue, Los Angeles, CA 90043

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
3520 W Florence Avenue,Los Angeles, CA 90043
$1,599,000
  • 0.25 Acres
  • Lots / Land
  • Active
Listed by: oron maher
Office: maher commercial realty310-464-1453
MLS#:26760519
Source:CRMLS

Price summary

  • Price:$1,599,000

About this home

We are pleased to present a rare opportunity to break ground immediately on a fully entitled 22-unit apartment development in one of Los Angeles's most active growth corridors. Situated near the high-visibility corner of Florence Avenue and Crenshaw Boulevard in the burgeoning Hyde Park pocket, this vacant, shovel-ready site eliminates entitlement risk entirely and offers investors and developers a clear, immediate path to execution.The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today's Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land. The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood...

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Home facts

  • Listing ID #:26760519
  • Added:12 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Structure and exterior

  • Lot area:0.25 Acres
  • Lot Features:Corners Marked, Value In Land

Finances and disclosures

  • Price:$1,599,000
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