FOR SALE0.25 ACRES
Listed by Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Local Information
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Description
Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
81 days ago
Home Details for 3520 W Florence Ave #11
Interior Features |
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View Has a ViewView: Landmark |
Exterior Features |
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Parking & Garage No Garage |
Frontage Not on Waterfront |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 81 |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 4012029029 |
Price & Status |
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Price List Price: $1,995,000 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Los Angeles |
Agent Information |
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Listing Agent Listing ID: SB24026450 |
Community |
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Community Features: Biking, Dog Park, Golf, Sidewalks, UrbanNot Senior Community |
HOA |
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Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 0.25 acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: SB24026450Attribution Contact: 310-729-1559 |
Additional Information |
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BikingDog ParkGolfSidewalksUrban |
Last check for updates: 1 day ago
Listing Provided by: Aaron Jacobson DRE #02100737, (310) 729-1559
Lyon Stahl Investment Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24026450
Price History for 3520 W Florence Ave #11
Date | Price | Event | Source |
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02/06/2024 | $1,995,000 | Listed For Sale | CRMLS #SB24026450 |
01/01/2024 | $2,000,000 | ListingRemoved | CRMLS #SB22247886 |
10/02/2023 | $2,000,000 | PriceChange | CRMLS #SB22247886 |
11/30/2022 | $2,100,000 | Listed For Sale | CRMLS #SB22247886 |
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Comparable Sales for 3520 W Florence Ave #11
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.59 | Lot/Land | $1,387,500 | 12/06/23 | - | - | ||
1.19 | Lot/Land | $1,000,000 | 03/29/24 | - | - | ||
1.46 | Lot/Land | $1,200,000 | 11/02/23 | - | - | ||
1.45 | Lot/Land | $358,000 | 03/15/24 | - | - | ||
2.06 | Lot/Land | $425,000 | 04/08/24 | - | - | ||
2.32 | Lot/Land | $1,050,000 | 09/08/23 | - | - | ||
2.66 | Lot/Land | $711,000 | 11/21/23 | - | - | ||
2.46 | Lot/Land | $450,000 | 09/01/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Park Mesa Heights
- Garrett
- Resident
- 3mo ago
"The area is definitely up and coming and changing everyday. Home prices are increasing a lot and I would say the area is being gentrified due to its location. People walk their dog at night and the area is not really any more dangerous than wealthier areas. "
- Trulia User
- Resident
- 7mo ago
"not safe at all very dangerous area to stay in would not recommend to stay in area with kids currently looking for another place "
- Trulia User
- Prev. Resident
- 11mo ago
"I don't live there anymore it's not a very nice neighborhood and the people can be kinda mean. I would like to be in a nicer neighborhood. "
- Trulia User
- Resident
- 1y ago
"Their kids and families are safe inthis neighborhood. We can take walks exercise walk to the corner store and move freely in this area."
- Trulia User
- Resident
- 2y ago
"It hasn’t been the best place since covid. It’s actually falling apart and the housing prices are too high "
- Trulia User
- Resident
- 3y ago
"Most of the families have been here for decades all of the kids grew up together...and the houses are passed down to the children and their children s children"
- Ofohafrances
- Resident
- 3y ago
"It nice a quite sometimes, even the ice cream truck pass by every day it friendly on April 4 people come outside to celebrate fireworks the is parking and police protection at night time "
- Glendy R.
- Resident
- 3y ago
"It’s very important for parent’s to know for our kids . Is an okay neighborhood. Go for late walks at night with my dog and on the block and is okay"
- Talunt4life
- Resident
- 3y ago
"This neighborhood is quiet for the most part. There are families with small kids. Plenty of parking. "
- Tony C.
- Resident
- 3y ago
"neighborhood crime is a definite problem. That's huge over here right now. Nice neighborhood but the crime and constant gunfire is absolutely insane.."
- Betsy W.
- Resident
- 4y ago
"I love it. Really pretty too. I walk my dog all the time and love looking at the old architecture. I also love that the train will be close"
- Maribel
- Resident
- 4y ago
"There are many families with little ones living here and a far local parks. Although I have never had a bad experience with my fellow neighbors.. I do feel like you should take care of your belongings or loved ones when out and about. And that’s everywhere. Just be safe. I’ve lived here for 20 yrs and I now have my baby son. I’m comfortable shopping and walking the sidewalks with him. I just always say to be cautious and safe. It’s a very nice area once you get familiar with it."
- Anonymous
- Prev. Resident
- 4y ago
"There are no community events in the Hyde Park neighborhood. I believe there is a neighborhood council, but I don’t believe they facilitate events. "
- Giselacruz79
- Prev. Resident
- 4y ago
"Is not area safety All the time the police are in these area, Hyde park doesn’t have park safety. The schools is near the area."
- Espinola T.
- Resident
- 4y ago
"There is nothing special about the neighborhood. They are tearing down houses houses displacing people who live in a those homes."
- Shawn D.
- Prev. Resident
- 4y ago
"I grew up in this house and plan on getting it back. So many fun memories and parties here. The whole block knew my grand parents. Very safe growing up for me guess because i knew and went to school with the homies from around the way. Older community now but its always been home for me. My name still on the concrete lol."
- Cynthia J.
- Resident
- 4y ago
"I live in this neighborhood and you can still walk around with your purse and not worry about getting mugged so overall this neighborhood is still relatively safe there is some gang activity however most of the neighbors and people in the neighborhood are fairly friendly also it could be a little cleaner after all there are a lot of taxpayers in this neighborhood"
- Ex resident
- Prev. Resident
- 4y ago
"I would not live here ever again. I lived there my wholly life and was able to move far away as a grown up. Not recommended for raising children. The worst area in and around. Very dangerous. A lot of gangs and robberies. Too much gang violence and killings. Get out of Los Angeles of possible. Give your family a better chance at life. You don’t have to be a gang banger to be affected by that life style. Trust me I know. "
- Wanda P.
- Resident
- 4y ago
"Nipsey Hussle community shopping center, Slauson & Crenshaw shopping center and the development of transportation train line. Next to Leimert Park area and shopping center and Park."
- Gale M.
- Resident
- 4y ago
"I only live here because it is convenient to work. I love my commute from this location. la Brea is my main street an it is a busy street."
- Joie B.
- Prev. Resident
- 5y ago
"the neighbors I know are from years ago, when I was a little girl back in 1965. we are on first-name basis our parents are the ones who owned the property. and for the neighbors that we don't know on the first name basis do greet you hello. even strangers that walk by you, say hello, good morning, good evening or good night."
- NGUSNME
- Resident
- 5y ago
"I love my street. Very friendly neighbors who look out forneach other. Kid ans pet friendly. Nice homes. "
- Purpoet12
- Resident
- 5y ago
"Pretty good and quiet neighborhood, friendly neighbors that keep to themselves. A few local eateries in the area but you would have to travel out for most of your needs."
- Danielle D.
- Resident
- 5y ago
"there's often times a lot of police activity in our area.. and often times unsafe to walk in our neighborhood due to gangs and violence "
- Mary O.
- Resident
- 5y ago
"Other home owners also walk their dogs on leash. Sidewalks are everywhere and nice walk up and down small hills. Neighbors are friendly."
- Someggaluz
- Resident
- 5y ago
"Ladera Park is a large space with lots of walking paths. There are multiple little hills a different levels. Lots of trees. "
- Carissa J.
- Resident
- 5y ago
"No dog park close around at all, the neighborhood is heavily congested with crime and poverty stricken "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3520 W Florence Ave #11, Los Angeles, CA 90043 is a lot/land. 3520 W Florence Ave #11 is located in Park Mesa Heights, Los Angeles. This property is currently available for sale and was listed by CRMLS on Feb 6, 2024. The MLS # for this home is MLS# SB24026450.