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    321 E Florence Ave, Unit 325 Los Angeles, CA 90003

    Under Contract
    For Sale
    $685,000

    Commercial Sale - Los Angeles, CA

    Property size:
    300 SF
    Days on Market:
    2648
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 321 E Florence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    LAC2
    APN
    6011008027
    Size
    300 SF

    Building Details

    Architectural style
    Other

    Stratton LFCA - INC. (562) 860-2625 [email protected]

    Listing agent Isaac Rosales (562) 419-7531

    Listing date Sep 14, 2018

    MLS# DW18163101 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Commercial Land Opportunity

    Two parcels of land, located at 321 and 325 E Florence Ave, Los Angeles, CA 90003, are available for sale. The properties are zoned LAC2, which allows for R4 development up to 45 feet with a 3:1 height ratio. The zoning potentially allows for the construction of up to 17 units, depending on the size and number of rooms, and parking. The current zoning allows for parking on the first floor with units on the second, third, and possibly fourth floors. Currently, the property is leased to a car dealership. The property offers a development opportunity to build up. The property size is 300 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.268702
    Latitude
    33.974969

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    FAQs

    What type of property is this?
    Car wash - Two parcels for sale in Los Angeles with development potential.
    Where is this car wash located?
    The property is located at 321 E Florence Ave, Unit 325 Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - C2 Zoning with R4 allows building up to 45 ft with a 3:1 height ratio.; - Development opportunity to build up to 17 units (subject to confirmation).; - Potential for parking on the first floor and units on upper floors.
    (562) 419-7531
    Request Owner's contact information
    321 E Florence Ave, Unit 325 Los Angeles, CA 90003
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    Los Angeles, CA 90003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 E Florence Ave, Unit 325 Los Angeles, CA 90003
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