54-Unit Apartment Building TOC
For Sale
Contact for pricing
Pending
2705 W Florence Ave, Los Angeles, CA 90043
54-unit apartment building, two 27-unit buildings, fully sprinklered, affordable housing.
Property Size30,210 SF
Lot Size0.40 Acres
Days on Market196
Property Features for 2705 W Florence Ave
General Information
Standard status
Pending
Size
30,210 SF
Lot size
0.40 Acres
Property subtype
Land
Zoning
LAC2-1VL-CPIO
Listing Agency:
Colliers - Los Angeles - Woodland Hills, California
(818) 325-4142
Listed By:
Reza Ghobadi · License #01780045
Source:
Crexi
Added: Feb 1
Changed: Aug 10
Last Checked: Aug 15 at 11:49AM
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 is a 54-unit apartment building project, consisting of two 27-unit buildings situated on one parcel. The project is a TOC (Transit Oriented Communities) development, designed as 100% affordable housing, and therefore requires no parking. The buildings are three stories high and fully sprinklered according to NFPA 13 standards. The project is 100% privately funded, with no public housing component and no tax credits received. The lot size is approximately 17,357 square feet, with a total project building area of approximately 30,210 square feet. The zoning is C2-1VL-CPIO. The project will be delivered as Ready to Issue (RTI).
Key Highlights
- 54‑unit apartment building delivered RTI (Ready to Issue permits)
- 100% privately funded affordable housing (no public funding or tax credits)
- TOC (Transit Oriented Communities) project with no parking requirements
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
917
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 54-unit apartment building, two 27-unit buildings, fully sprinklered, affordable housing.
Where is this apartment building located?
The property is located at 2705 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,268,000.
What are key features of this property?
This property features: 54‑unit apartment building delivered RTI (Ready to Issue permits); 100% privately funded affordable housing (no public funding or tax credits); TOC (Transit Oriented Communities) project with no parking requirements
