Keller Williams College Park

Listed By Michelle ColbertDRE #01937337

eXp Realty of Greater Los Angeles

1438 W Florence Avenue

Los Angeles, CA 90047

$700,000 Est. $3,540/mo

Active Listed today

Listed By Michelle ColbertDRE #01937337

eXp Realty of Greater Los Angeles

Natalia Escobar · Operating Principal

Your inquiry will go to Natalia Escobar, who is not the listing agent for this property.

Lot Size
5,902 sqft
Year Built
1938
Property Type
Commercial sale
Days on Market
Today
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

Estimate a monthly payment

—/mo

Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Market insights

Computed from CRMLS data for Los Angeles.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of October 16, 2026 at 10:01 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.

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