1550 W Florence Avenue

1550 West Florence Avenue Los Angeles, CA 90047

1550 West Florence Avenue, Los Angeles, CA, 90047
1550 West Florence Avenue, Los Angeles, CA, 90047 1550 West Florence Avenue, Los Angeles, CA, 90047 1550 West Florence Avenue, Los Angeles, CA, 90047 1550 West Florence Avenue, Los Angeles, CA, 90047 1550 West Florence Avenue, Los Angeles, CA, 90047
FOR SALE
Property Type:
Other Land
Amount:
$575,000
Last Verified:
Mar 06, 2024

Highlights

  • ±3,049 SF lot situated in South Los Angeles. 40,000 passing cars daily.
  • C2 zoning provides great commercial or multifamily/townhouse development opportunity.
  • Close proximity to the 110 for ease of access & is a 10 min drive to Sofi Stadium/Hollywood Park/ Kia Forum.
  • Water connected, electricity requiring reconnection, & ease of access for natural gas, and sewer line installation.
  • Dense neighborhood. Almost 500,000 people within a 3-mile radius.

Description

NAI Capital presents this ±3,049 SF lot situated in South Los Angeles. It is located on Florence Ave, between Western Ave & Normandie Ave. The C2 zoning provides great commercial or multifamily/townhouse development opportunities. It is also located in close proximity to the 110 for ease of access & is a 10 min drive to Sofi Stadium/Hollywood Park/ Kia Forum. Dense neighborhood. Nearly 500,000 people within a 3-mile radius.

The site is currently being leased out for vehicle storage. Rate: $1,802.00/Mo. Do not disturb. Tenant lease expires December 1, 2024. No options to extend or ROFR. Water connected, electricity requiring reconnection, & ease of access for natural gas, and sewer line installation.


High visibility and traffic here on Florence Avenue. Minutes from SoFi Stadium and the Kia Forum. Near the Harbor (110) Freeway, Century (105) Freeway.

Lot Size: 0.07 acres


Documents

OM-1550 W Florence Ave, Los Angeles

Map of 1550 West Florence Avenue, Los Angeles, CA, 90047

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.