Presenting 1101 West Florence Avenue, Los Angeles, CA, 90043-1821. This is a specialty purpose property, previously occupied as a Religious Establishment. Great opportunity as there are no occupants, leases or obligations. This is a true add-value property. The current base zone is C2 + Transit Oriented Community Tier 3 + Executive Directive Tier 1 which means you're eligible for "Fast Track" permits for multi-residential-potentially up to 33 units thanks to the 70% density bonus, or mixed-use space retail on the ground-floor and residential units top level (buyer to verify). Live-work income stacking, long-term value. Alternatively, the property can be renovated for ministries, outreach programs, nonprofit use, or educational facility. The seller is flexible with creative structuring; seller financing, joint-venture, partnerships, submit your LOI. Great location only minutes from Crypto Arena, Downtown LA, SoFi Stadium, and right in the heartbeat of LA with dozens of authentic restaurants, bars, and shops. If you're an investor, developer, or visionary ready to create something special in the heart of Los Angeles-this is your move.
| MLS # | SR26070386 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 194 |
| Listing Provided By | RE/MAX Gateway | Jose Alonso |
| SQ Feet | 5,683 |
|---|---|
| Story(s) | 2 |
| Zoning | C2 |
| Acreage | 0.18 |
| Lot Features | Corner Lot |
|---|
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $1,100,000 low | high Med: $1,025,000 sqft: 5,683 low | high Med: 3,896 $ / sqft: $194 low | high Med: $263 On site: 194 low | high Med: 55 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $1,100,000 low | high Med: $1,025,000 sqft: 5,683 low | high Med: 3,896 $ / sqft: $194 low | high Med: $263 On site: 194 low | high Med: 55 | |