$700,000

1438 W Florence Avenue, Los Angeles CA, 90047

Price per sqft$833.33

Built in1938

Property size840 sqft

Property typeCommercial

Listed by Michelle Colbert CA DRE# 01937337 with eXp Realty of Greater Los Angeles 323-816-3227

Overview

Active

Listed Oct 15, 2026

Updated 23h ago

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

Additional information

MLS^® ID: 26102600

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Listed by Michelle Colbert CA DRE# 01937337 with eXp Realty of Greater Los Angeles 323-816-3227

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/16/2026 at 2:29 AM UTC Last Checked: 2:29 AM UTC