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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.

Features
: Wall Furnace
1
: Dryer Included, Washer Included
0
Additional Information
RE/MAX ESTATE PROPERTIES
0
CLW-C128679
CLW-X2002565
Shamim
6015034017
: Standard
One
32

Multi-Family For Sale

1509 Florence Avenue, Los Angeles, California 90047

2,288 Sqft
$925,000
Listing ID #24404562
Basic Details
Status : Active
DaysOnMarket : 39
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24404562
Price : $925,000
Living Area : 2,288 Sqft
Lot Size : 4,820 Sqft
Year Built : 1937
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90047
Price Per Square Foot : $404
ModificationTimestamp : 2024-07-25 14:29:20
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