3520 West Florence Avenue
3520 West Florence Avenue
$1,995,000
11,054 / 0.25
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 $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked
- Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
Property Details for 3520 West Florence Avenue
View
Landmark
Lot Size SourceAssessor
Assessor Parcel Number4012-029-029
New ConstructionNo
PoolNo
ViewYes
AssociationNo
Association Fee$.00
Location
LISTING UPDATED: 04/07/2024 02:58 PM
Property Details for 3520 West Florence Avenue
Status | Active |
---|---|
MLS # | SB24026450 |
Days on Market | 82 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.25 AC |
County | Los Angeles County |
Location
Building Information for 3520 West Florence Avenue
Lot Size0.25 AC
Payment Calculator
$11,984 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3520 West Florence Avenue
Property History for 3520 West Florence Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Alliance Renee And Meyer Luskin Academy High School Charter9 to 12 |
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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