Property Detail

1438 Florence

Los Angeles CA 90047

$700,000

Status: Active

Property Details

Description

Excellent development opportunity in South Los Angeles! Situated along the Florence Avenue commercial corridor, this 5,902 SF lot is zoned LAC2, offering potential for multifamily residential, mixed-use, or commercial development. Preliminary zoning suggests the potential for approximately 14 residential units, with additional density possible through the City of Los Angeles' CHIP, MIIP, AHIP, or State Density Bonus programs. Qualifying projects may benefit from increased density, additional height, and reduced parking requirements. Ideal opportunity for developers and investors looking to capitalize on the area's redevelopment potential. Buyer to verify all zoning, development potential, and applicable incentives with the City of Los Angeles

Map Location

Listing provided courtesy of Michelle Colbert of eXp Realty of Greater Los Angeles. Last updated 2026-10-16 08:42:17.000000. Listing information © 2026 CRMLS.

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