3520 W Florence Avenue, Los Angeles, California 90043

  • $1,599,000
  • $1,699,000
3520 W Florence Avenue, Los Angeles, California 90043
Active
3520 W Florence Avenue, Los Angeles, California 90043
3520 W Florence Avenue, Los Angeles, California 90043
  • $1,599,000
  • $1,699,000

Description

We are 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.

  • Address 3520 W Florence Avenue, Los Angeles, California 90043
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90043
  • Country US

Details

Updated on May 1, 2026 at 5:23 pm
  • Property ID: 26760519
  • Price: $1,599,000
  • Land Area: 0.2537 Acres
  • Property Type: Land
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Land

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