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Great development opportunity in a high-demand South Los Angeles corridor. 6,414 SF lot zoned Commercial/Mixed-Use per Specific Plan, offering strong multifamily redevelopment potential. The site is currently improved with a 3,178 SF structure; however, the primary value is in the land. Preliminary concept plans propose a 5-story, 100% affordable multifamily project with up to 39 units, including a mix of one-bedroom, two-bedroom, and studio units, leveraging AB 2345 and transit-oriented incentives. No on-site parking required per AB 2097. Plans have been prepared by a licensed architect and submitted for preliminary planning review; buyer to continue entitlement process. Strategically located near the Firestone, Florence, and Slauson Metro Rail Stations, supporting higher-density infill development. Buyer to independently verify zoning, density, incentives, and all development assumptions. Property sold AS-IS for land value.
Property Type(s):
Commercial
| Last Updated | 4/22/2026 | Year Built | 1921 |
|---|---|---|---|
| Community | C37 - Metropolitan South | County | Los Angeles |
Additional Details
| AREA | C37 - Metropolitan South |
|---|---|
| LOT | 6412 sq ft |
| LOT DIMENSIONS | 6414 |
Location
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Listed with Beverly & Company Luxury Properties
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