Residential Development Land
For Sale
Contact for pricing
1021 W Florence Ave, Los Angeles, CA 90044
RTI land parcel with plans for 54 units and an affordability requirement for all units.
Property SizeContact for details
Days on Market138
Property Features for 1021 W Florence Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
C2-2D-CPIO
Additional Details
Multifamily Units
55
Listing Agency:
Colliers - Los Angeles - Woodland Hills, California
(818) 325-4142
Listed By:
Reza Ghobadi · License #01780045
Source:
Crexi
Added: Mar 25
Changed: Aug 8
Last Checked: Mar 27 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Woodland Hills, California
Investment Insights
Based on property information with market context.
This offering is RTI land intended for a residential development of 54 units. The public remarks specify that the project is designed as 100% affordable, meaning affordability is required for all planned units.
The property is located at 1021 W Florence Ave, Los Angeles, CA 90044.
As presented, this is a land transaction for a residential home-lot style development with an identified unit count and an affordability condition reflected in the public remarks.
The property is located at 1021 W Florence Ave, Los Angeles, CA 90044.
As presented, this is a land transaction for a residential home-lot style development with an identified unit count and an affordability condition reflected in the public remarks.
Key Highlights
- RTI land parcel with plans for 54 units
- All units must meet an affordability requirement
Property Analytics
Current Use
Lease Details
55
Residential units
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - RTI land parcel with plans for 54 units and an affordability requirement for all units.
Where is this residential land & home lot located?
The property is located at 1021 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: RTI land parcel with plans for 54 units; All units must meet an affordability requirement
