3520 W  Florence Ave  #11, Los Angeles, CA 90043
FOR SALE0.25 ACRES
Listed by Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838

3520 W Florence Ave #11
Los Angeles, CA 90043

Park Mesa Heights

      $1,995,000

      Est. Mortgage $12,708/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      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

      View
      Has a ViewView: Landmark

      Exterior Features

      Parking & Garage
      No Garage
      Frontage
      Not on Waterfront
      Surface & Elevation
      Elevation Units: Feet

      Days on Market

      Days on Market: 81

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Not a New ConstructionNo Additional Parcels
      Property Information
      Parcel Number: 4012029029

      Price & Status

      Price
      List Price: $1,995,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Los Angeles

      Agent Information

      Listing Agent
      Listing ID: SB24026450

      Community

      Community Features: Biking, Dog Park, Golf, Sidewalks, UrbanNot Senior Community

      HOA

      Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

      Lot Information

      Lot Area: 0.25 acres

      Listing Info

      Special Conditions: Standard

      Compensation

      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

      Mls Number: SB24026450Attribution Contact: 310-729-1559

      Additional Information

      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

      DatePriceEventSource
      02/06/2024$1,995,000Listed For SaleCRMLS #SB24026450
      01/01/2024$2,000,000ListingRemovedCRMLS #SB22247886
      10/02/2023$2,000,000PriceChange
      CRMLS #SB22247886
      11/30/2022$2,100,000Listed For SaleCRMLS #SB22247886

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      0.59
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      $358,000
      03/15/24
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      2.06
      Lot/Land
      $425,000
      04/08/24
      -
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      2.32
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      $1,050,000
      09/08/23
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      2.66
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      $711,000
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      $450,000
      09/01/23
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      Neighborhood Overview

      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Park Mesa Heights

      • Garrett
        "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. "
        4
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      • Trulia User
        "not safe at all very dangerous area to stay in would not recommend to stay in area with kids currently looking for another place "
        1
        Flag
      • Trulia User
        "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. "
        5
        Flag
      • Trulia User
        "Their kids and families are safe inthis neighborhood. We can take walks exercise walk to the corner store and move freely in this area."
        0
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      • Trulia User
        "It hasn’t been the best place since covid. It’s actually falling apart and the housing prices are too high "
        0
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      • Trulia User
        "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"
        0
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      • Ofohafrances
        "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 "
        10
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      • Glendy R.
        "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"
        6
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      • Talunt4life
        "This neighborhood is quiet for the most part. There are families with small kids. Plenty of parking. "
        4
        Flag
      • Tony C.
        "neighborhood crime is a definite problem. That's huge over here right now. Nice neighborhood but the crime and constant gunfire is absolutely insane.."
        9
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      • Betsy W.
        "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"
        4
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      • Maribel
        "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."
        8
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      • Anonymous
        "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. "
        2
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      • Giselacruz79
        "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."
        2
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      • Espinola T.
        "There is nothing special about the neighborhood. They are tearing down houses houses displacing people who live in a those homes."
        1
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      • Shawn D.
        "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."
        31
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      • Cynthia J.
        "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"
        12
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      • Ex resident
        "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. "
        4
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      • Wanda P.
        "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."
        1
        Flag
      • Gale M.
        "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."
        1
        Flag
      • Joie B.
        "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."
        0
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      • NGUSNME
        "I love my street. Very friendly neighbors who look out forneach other. Kid ans pet friendly. Nice homes. "
        0
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      • Purpoet12
        "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."
        0
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      • Danielle D.
        "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 "
        7
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      • Mary O.
        "Other home owners also walk their dogs on leash. Sidewalks are everywhere and nice walk up and down small hills. Neighbors are friendly."
        1
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      • Someggaluz
        "Ladera Park is a large space with lots of walking paths. There are multiple little hills a different levels. Lots of trees. "
        0
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      • Carissa J.
        "No dog park close around at all, the neighborhood is heavily congested with crime and poverty stricken "
        0
        Flag

      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.
      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.