3520 West Florence Avenue

Los Angeles, CA 90043

$1,995,000
Price
11,054 / 0.25
Lot Size / Acres

Description

Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028...Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked
  1. Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559

Property Details for 3520 West Florence Avenue

View
Landmark
Lot Size Source
Assessor
Assessor Parcel Number
4012-029-029
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737
Add your commute
LISTING UPDATED: 04/07/2024 02:58 PM

Property Details for 3520 West Florence Avenue

StatusActive
MLS #SB24026450
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.25 AC
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737
Add your commute

Building Information for 3520 West Florence Avenue

Lot Size0.25 AC

Payment Calculator

$11,984 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$1,096

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3520 West Florence Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 2352.02
  • CFD/Mello-Roos Fee: $604
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Golf, Sidewalks, Urban
Property / Structure Info
Exterior Features
  • View Description: Landmark
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 3520 West Florence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3520 West Florence Avenue

Taxable ValueLand$1,020,000Additions$26,520Total$1,046,520
Tax Record2023$13,156 ($1,096 / month)
Home Facts
Total Finished SqFt1,967 SqFtAbove Grade Finished SqFt1,967 SqFtLot Size11,051 SqFtStyleTriplexYear Built1948ZoningLAR3CountyLOS ANGELESAPN4012-029-029

Schools near 3520 West Florence Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Seventy-Fourth Street Elementary School
PublicK to 5

Alliance Leadership Middle Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3520 West Florence Avenue is a 0.25 ac of land for sale in Los Angeles, CA 90043. This property was listed for sale on February 6, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,995,000. It has been on the market for a total of 82 days and was last sold on December 6, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Seventy-Fourth Street Elementary School, Alliance Leadership Middle Academy and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 3520 West Florence Avenue is a 0-bed, 0-bath, 0.25 ac of land on a 11,054 sq. ft. / 0.25 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.