1101 W Florence Ave - Churches FOR SALE


Los Angeles, CA 90044- South Central LA
$1,100,000 USD
818-472-0618
1101 W Florence Ave, Los Angeles, CA for Sale
$1,100,000 USD
Churches - FOR SALE
1/26
null | Request Cap Rate

NEW


1101 W Florence Ave
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Vacant. Add-Value. C2 Zoning.
  • Executive Directive Tier 1 “Fast Track” permits.
  • Transit Oriented Tier 3. Up to 70% Density Bonus.
  • Multi-Residential or Mix-Use.
  • Live-Work. Long-Term Investment.
  • Redevelopment Opportunity.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2-1-CPIO

APN/PARCEL ID

6014-035-016

ASK ABOUT THIS PROPERTY

Jose AlonsoRE/MAX CommercialMore Info
818-472-0618

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Jose AlonsoRE/MAX CommercialMore Info
818-472-0618

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.