1509 W Florence Ave Active

Los Angeles,CA 90047

$ 899000

3 Beds

2 Baths

2288 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $392

MLS Listing ID 24-404562

Bedrooms 3

Construction Status Additions/Alter

Year Built 1937

Lot Size 4,820 Sqft

Acres 0.1107

Property Description

Great development opportunity near the Hollywood Park entertainment complex, SOFI stadium and the Florence/Crenshaw Metro Line. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned LAC2, TOC Tier 1, ED1 Eligible. Adjacent parcel also for sale at 1513 W Florence Blvd. Bringing total lot area to 11,246. Property consists of two separate buildings. A 1412 sq ft front building and a 876 sq ft rear building. The property addresses are 1509,1511 and 1511 1/2. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to verify all information with the city and county zoning and planning for accuracy. Some alterations to the units were done without permit. Check with the city to satisfy any questions or concerns.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAC2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport

Garage Spaces 2.0

Waterfront Description None

View Y/N No

View None

Building

Story 1

Level or Stories One

Construction Status Additions/Alter

Others

Special Listing Condition Standard

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