1509 W Florence Avenue
Los Angeles, CA 90047
$26,000.00 (-2.81%)
Active for $899,000
Beds: 3 Baths: 2 Structure Size: 2,288 sqft Lot Size: 4,820 sqft
| MLS | 24404562 |
| Year Built | 1937 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $899,000 |
| Structure Size | 2,288 sqft |
| Lot Size | 4,820 sqft |
| Beds | 3 |
| Baths | 2 |
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.
Listing information courtesy of: Shamim Khorsand Mashhadi, RE/MAX ESTATE PROPERTIES . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Rey Ruaya
REALTOR®
Direct: 818.271.8848
Email: Email Me
DRE: 02105613
DRE #01873088
.png){kind=small}