New Listing
$700,000
( $833.33Per Sq Foot )
 $3,758 est/mo Sourced by Back At You

1438 W Florence Avenue,Los Angeles, CA 90047

Los Angeles, CA 90047

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Description

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

Details

MLS #26102600
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1938
Days On Site1
Listing Provided ByeXp Realty of Greater Los Angeles | Michelle Colbert

Features

SQ Feet840
ZoningLAC2
Acreage0.14

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90047
AreaC36 Metropolitan Southwest
Listing VS Median (in 90047)
Price:
$700,000
low | high
Med:
$875,000
25% of Average
sqft:
840
low | high
Med:
1,971
84.642857142857% of Average
$ / sqft:
$833
low | high
Med:
$444
96.727549467275% of Average
On site:
1
low | high
Med:
204
2% of Average
Sourced by Back At You

Market Activity 90047

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90047
AreaC36 Metropolitan Southwest
Listing VS Median (in 90047)
Price:
$700,000
low | high
Med:
$875,000
25% of Average
sqft:
840
low | high
Med:
1,971
84.642857142857% of Average
$ / sqft:
$833
low | high
Med:
$444
96.727549467275% of Average
On site:
1
low | high
Med:
204
2% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 6:53:31 PM PDT