3520 W Florence Avenue, Los Angeles, CA 90043

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3520 W Florence Avenue,Los Angeles, CA 90043
$1,599,000
  • 0.25 Acres
  • Lots / Land
  • Active
Listed by: oron maher
Office: maher commercial realty
MLS#:CL26760519
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,599,000

About this home

We are pleased to present a rare opportunity to break ground immediately on a fully entitled 22-unit apartment development in one of Los Angeles's most active growth corridors. Situated near the high-visibility corner of Florence Avenue and Crenshaw Boulevard in the burgeoning Hyde Park pocket, this vacant, shovel-ready site eliminates entitlement risk entirely and offers investors and developers a clear, immediate path to execution.The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today's Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land. The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood...

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Home facts

  • Listing ID #:CL26760519
  • Added:139 day(s) ago
  • Updated:September 08, 2026 at 02:57 PM

Structure and exterior

  • Lot area:0.25 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$1,599,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 8, 2026

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