3520 W Florence Ave, Los Angeles, CA 90043
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3520 W Florence Ave, Los Angeles, CA 90043
3520 W Florence Ave, Los Angeles, CA 90043
3520 W Florence Ave, Los Angeles, CA 90043
3520 W Florence Ave, Los Angeles, CA 90043
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$ 1,599,000
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3520 W Florence Ave Los Angeles, CA 90043

0.25 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26760519

Lot Size 0.254 Acres

Acres 0.2538

Property Description

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 that is attracting serious investment. The property is just minutes from Inglewood's booming entertainment district, home to SoFi Stadium, Intuit Dome, and the Kia Forum, three world-class venues that have fundamentally reshaped demand dynamics across the entire submarket. Proximity to the Crenshaw/LAX Metro Line further strengthens the property's long-term rental appeal. For a developer seeking a turnkey opportunity with no entitlement timeline, a proven unit mix, and a location riding one of the strongest demand tailwinds in Los Angeles County, 3520 W. Florence Avenue delivers on every front.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning LAR3 TOC Tier 3

Exterior

View Y/N No

View None

Building

Lot Description Corners Established, Curbs, Sidewalks, Single Lot, Street Paved, Tear Down On Lot, Value In Land

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Maher Commercial Realty

NEARBY SCHOOL & BUSINESS

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3520 W Florence Ave

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Name

Name

Phone*

Phone

Message

Message
Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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