Description
We are pleased to exclusively present for sale a Vacant Lot in South Los Angeles that is ready for entitlements! The Vacant Lot on offer has 50 feet of frontage on Florence Ave. and is situated between Normandie Ave. and Vermont Ave., a stone's throw to retail, supermarkets, and more. The C2-1-CPIO Tier 2 Zoning allows up to 24 residential units if the developer utilizes TOC incentives. By right a Developer may build 7 residential units. Ground Floor Commercial is required by the Specific Plan for developments on site. At $125 Price Per SF of Land and No RSO, No Ellis, nor relocation needs or costs, this property is priced to sell! The Property has easy access to the 110 freeway, is about 3 miles south of the Banc of California Stadium and about 5 miles northeast of Sofi Stadium.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are pleased to exclusively present for sale a Vacant Lot in South Los Angeles that is ready for entitlements! The Vacant Lot on offer has 50 feet of frontage on Florence Ave. and is situated between Normandie Ave. and Vermont Ave., a stone's throw to retail, supermarkets, and more. The C2-1-CPIO Tier 2 Zoning allows up to 24 residential units if the developer utilizes TOC incentives. By right a Developer may build 7 residential units. Ground Floor Commercial is required by the Specific Plan for developments on site. At $125 Price Per SF of Land and No RSO, No Ellis, nor relocation needs or costs, this property is priced to sell! The Property has easy access to the 110 freeway, is about 3 miles south of the Banc of California Stadium and about 5 miles northeast of Sofi Stadium.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T06:44:53.033. 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.