Commercial Land with Multifamily
For Sale
$700,000
1438 W Florence Ave, Los Angeles, CA 90001
LAC2 zoning supports consideration of residential, mixed-use, or commercial development.
Property SizeContact for details
Days on Market12
Property Features for 1438 W Florence Ave
General Information
Standard status
Active
Site & Location
Neighborhood
South Los Angeles
Listing Agency:
eXp Realty of Greater Los Angeles
(888) 652-1314
Listed By:
Michelle Colbert
(323) 816-3227
Source:
Exprealty
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 24 at 4:15PM
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 eXp Realty of Greater Los Angeles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land parcel contains 5,902 SF and carries LAC2 zoning. Preliminary zoning review indicates capacity for approximately 14 residential units, with potential for additional density through applicable City of Los Angeles or state programs.
Potential incentives may include greater density, added height, and reduced parking requirements for qualifying projects. Development capacity and program eligibility are subject to verification with the City of Los Angeles.
Potential incentives may include greater density, added height, and reduced parking requirements for qualifying projects. Development capacity and program eligibility are subject to verification with the City of Los Angeles.
Key Highlights
- 5,902 SF parcel along the Florence Avenue commercial corridor
- LAC2 zoning allows consideration of residential, mixed‑use, or commercial development
- Preliminary zoning indicates approximately 14 residential units
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Commercial land - LAC2 zoning supports consideration of residential, mixed-use, or commercial development.
Where is this commercial land located?
The property is located at 1438 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 5,902 SF parcel along the Florence Avenue commercial corridor; LAC2 zoning allows consideration of residential, mixed‑use, or commercial development; Preliminary zoning indicates approximately 14 residential units
