1509 W Florence AVE Active

Los Angeles,CA 90047

$ 899000

3 Beds

2 Baths

2288 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $392

MLS Listing ID 24404562

Bedrooms 3

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1937

Lot Size 4,822 Sqft

Property Description

Great development opportunity near the Hollywood Park entertainment complex, SOFI stadium and the Florence/Crenshaw Metro Line. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned LAC2, TOC Tier 1, ED1 Eligible. Adjacent parcel also for sale at 1513 W Florence Blvd. Bringing total lot area to 11,246. Property consists of two separate buildings. A 1412 sq ft front building and a 876 sq ft rear building. The property addresses are 1509,1511 and 1511 1/2. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to verify all information with the city and county zoning and planning for accuracy. Some alterations to the units were done without permit. Check with the city to satisfy any questions or concerns.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator,Dryer,Washer

Exterior

Garage Carport

Carport Spaces 2

Community Features Gated

View Y/N No

View None

Total Parking Spaces 2

Building

Faces South

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Additions/Alterations

Others

Senior Community No

Tax ID 6015034017

Security Features Gated Community

Financing Cash

Special Listing Condition Standard

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