1101 W Florence Avenue, Los Angeles, CA 90044
List Price: $1.1M
Listing Status: ActiveUnderContract
0Days on Market: 79
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1912
Lot Size: 7,864 sq ft
MLS Number: SR26070386
About This Property
Presenting 1101 West Florence Avenue, Los Angeles, CA, 90043-1821. This is a specialty purpose property, previously occupied as a Religious Establishment. Great opportunity as there are no occupants, leases or obligations. This is a true add-value property. The current base zone is C2 + Transit Oriented Community Tier 3 + Executive Directive Tier 1 which means you’re eligible for “Fast Track” permits for multi-residential—potentially up to 33 units thanks to the 70% density bonus, or mixed-use space retail on the ground-floor and residential units top level (buyer to verify). Live-work income stacking, long-term value. Alternatively, the property can be renovated for ministries, outreach programs, nonprofit use, or educational facility. The seller is flexible with creative structuring; seller financing, joint-venture, partnerships, submit your LOI. Great location only minutes from Crypto Arena, Downtown LA, SoFi Stadium, and right in the heartbeat of LA with dozens of authentic restaurants, bars, and shops. If you’re an investor, developer, or visionary ready to create something special in the heart of Los Angeles—this is your move.
Listing provided by: Jose Alonso DRE #01936996 661-702-4900 Jose@AlonsoRealEstateGroup.com, RE/MAX Gateway
Source: CRMLS, MLS #: SR26070386
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.