Commercial Land with Multifamily
For Sale
$700,000
1438 W Florence Avenue, Los Angeles, CA 90047
LAC2 zoning supports consideration of residential, mixed-use, or commercial development.
Property Size840 SF
Price / SF$833.33
Days on Market10
Property Features for 1438 W Florence Avenue
General Information
Standard status
Active
Size
840 SF
Property subtype
Commercial
Zoning
LAC2
Site & Location
Neighborhood
South Los Angeles
Building Details
Building Size
840 SF
Year Built
1938
Listing Agency:
FC Group Realty
Listed By:
Caroline Jepsen · License #01357574
(951) 970-3180
Source:
Fcgrouprealty
Added: Oct 15
Changed: Oct 23
Last Checked: Oct 23 at 5:01PM
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 FC Group Realty
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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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
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Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
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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 Avenue 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
