C2 Zoned Development Land with
For Sale
$685,000
Pending
321-325 E Florence Avenue, Los Angeles, CA 90003
MULTI_FAMILY - Los Angeles, CA
Property SizeContact for details
Days on Market2964
Property Features for 321-325 E Florence Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAC2
Directions
San Pedro and Florence
Subdivision
699 - Not Defined
Standard status
Pending
APN
6011008027
Listing Agency:
Berkshire Hathaway H.S.C.P. · Berkshire Hathaway HomeServices
(562) 419-7531
Listed By:
Isaac Rosales · License #01389408
(310) 754-0124
Added: Jul 6, 2018
Changed: Jul 1
Last Checked: Aug 16 at 6:06AM
MLS# DW18163101
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering includes two parcels for sale at 321 and 325 E Florence Avenue in Los Angeles, California. The property is presented for development consideration under C2 zoning with R4 allowed, including a building height limit of up to 45 feet and a 3:1 height relationship. The remarks indicate the site may support up to 17 units depending on the proposed size, room configuration, and parking layout.
The development concept referenced in the materials includes a parking-first approach, with parking for first-floor units and residential levels on the second and third floors, and possibly a fourth floor depending on the final design. The owner notes that development should be confirmed with a professional.
The site’s current operating status is also a factor for buyers to consider, as the property is currently being leased out to a car dealership. For developers and investors, the combination of two parcels and zoning that allows R4 concepts provides a practical framework to evaluate a multi-unit residential project, while the existing dealership lease may offer near-term income continuity during planning and entitlement discussions.
The development concept referenced in the materials includes a parking-first approach, with parking for first-floor units and residential levels on the second and third floors, and possibly a fourth floor depending on the final design. The owner notes that development should be confirmed with a professional.
The site’s current operating status is also a factor for buyers to consider, as the property is currently being leased out to a car dealership. For developers and investors, the combination of two parcels and zoning that allows R4 concepts provides a practical framework to evaluate a multi-unit residential project, while the existing dealership lease may offer near-term income continuity during planning and entitlement discussions.
Key Highlights
- Two parcels for sale: 321 and 325 Florence Ave., Los Angeles, CA 90003
- C2 zoning with R4 allowed; building height up to 45 ft (3:1 height)
- Zoning supports up to 17 units depending on design, room layout, and parking plan
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjacent parcels zoned C2 with R4 allowed for up to 45-ft development, currently leased to a car dealership.
Where is this commercial land located?
The property is located at 321-325 E Florence Avenue 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: Two parcels for sale: 321 and 325 Florence Ave., Los Angeles, CA 90003; C2 zoning with R4 allowed; building height up to 45 ft (3:1 height); Zoning supports up to 17 units depending on design, room layout, and parking plan
