840 sqft
$700,000
1438 W Florence Avenue, Los Angeles CA, 90047
Price per sqft$833.33
Built in1938
Property size840 sqft
Property typeCommercial
Overview
Active
Listed Oct 15, 2026
Updated 24h ago
Excellent development opportunity in South Los Angeles! Situated along the Florence Avenue commercial corridor, this 5,902 SF lot is zoned LAC2, offering potential for multifamily residential, mixed-use, or commercial development. Preliminary zoning suggests the potential for approximately 14 residential units, with additional density possible through the City of Los Angeles' CHIP, MIIP, AHIP, or State Density Bonus programs. Qualifying projects may benefit from increased density, additional height, and reduced parking requirements. Ideal opportunity for developers and investors looking to capitalize on the area's redevelopment potential. Buyer to verify all zoning, development potential, and applicable incentives with the City of Los Angeles
Additional information
- MLS® ID
- CL26102600
Interior Features
- Basement
- No
Exterior Features
- Lot Size
- 0.14 Acres
Listed by Michelle Colbert, Dominick Faraone with eXp Realty of Greater Los Angeles
Listing Contact: 323-816-3227
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