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3520 W Florence Ave
Los Angeles, CA 90043
RTI 22 Units LA R3 TOC Tier 3 · Terrain À vendre
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0,25 AC


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Faits saillants de l'investissement
- Fully Entitled & Shovel-Ready: Immediate development start with all approvals in place—no entitlement risk
- Prime Location: Near the intersection of Florence Ave & Crenshaw Blvd in the growing Hyde Park corridor
- TOC Tier 3 Density Bonus: Maximizes unit count and development potential on an R3-zoned lot
- 22-Unit Apartment Project: Approved plans for a well-scaled multifamily development in a high-demand rental market
- Efficient Unit Mix: 13 one-bed/one-bath and 9 two-bed/two-bath units designed for strong rental appeal
- Immediate Access to Western Avenue: Just steps away for strong retail, transit, and commuter connectivity
Résumé de l'annonce
Maher Commercial Realty is pleased to present a rare opportunity to break ground immediately on a fully entitled 22-unit apartment development in one of Los Angeles’s most active growth corridors. Situated near the high-visibility corner of Florence Avenue and Crenshaw Boulevard in the burgeoning Hyde Park pocket, this vacant, shovel-ready site eliminates entitlement risk entirely and offers investors and developers a clear, immediate path to execution.
The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today’s Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land.
The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood that is attracting serious investment. The property is just minutes from Inglewood’s booming entertainment district, home to SoFi Stadium, Intuit Dome, and the Kia Forum, three world-class venues that have fundamentally reshaped demand dynamics across the entire submarket. Proximity to the Crenshaw/LAX Metro Line further strengthens the property’s long-term rental appeal.
For a developer seeking a turnkey opportunity with no entitlement timeline, a proven unit mix, and a location riding one of the strongest demand tailwinds in Los Angeles County, 3520 W. Florence Avenue delivers on every front.
The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today’s Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land.
The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood that is attracting serious investment. The property is just minutes from Inglewood’s booming entertainment district, home to SoFi Stadium, Intuit Dome, and the Kia Forum, three world-class venues that have fundamentally reshaped demand dynamics across the entire submarket. Proximity to the Crenshaw/LAX Metro Line further strengthens the property’s long-term rental appeal.
For a developer seeking a turnkey opportunity with no entitlement timeline, a proven unit mix, and a location riding one of the strongest demand tailwinds in Los Angeles County, 3520 W. Florence Avenue delivers on every front.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 204 925 $ CAD | Taille du lot | 0,25 AC |
| Prix par AC | 8 691 209,31 $ CAD |
| Prix | 2 204 925 $ CAD |
| Prix par AC | 8 691 209,31 $ CAD |
| Taille du lot | 0,25 AC |
11,051 Sq.Ft. lot zoned LAR3 TOC Tier 3
Impôts fonciers
| Numéro de lot | 4012-029-029 | Évaluation des bâtiments | 38 806 $ CAD |
| Évaluation du terrain | 1 492 609 $ CAD | Évaluation totale | 1 531 415 $ CAD |
Impôts fonciers
Numéro de lot
4012-029-029
Évaluation du terrain
1 492 609 $ CAD
Évaluation des bâtiments
38 806 $ CAD
Évaluation totale
1 531 415 $ CAD
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