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1438 W Florence Ave , Los Angeles, CA 90047
$700,000
Est. Payment: $3,678.80/mo
0.14 Acres
Status: active | Days on site: 12
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CLW-X83386 - CLW-C121108,CLW-C114014
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Chris Heller
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House Description

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
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Highlights

Listed by Michelle Colbert , 323-816-3227 and Dominick Faraone , 310-795-8567 eXp Realty of Greater Los Angeles , 888-652-1314. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land
Lot/Acreage
0.14

County

Los Angeles

Area

C36 - Metropolitan Southwest

Listing ID

26104084

Questions about this listing?

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAC2
Principal Interest
$3,679
Taxes
$446

Home Price

$700,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,678.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,678.80 $446.25 $0.00 $4,125.05
Yearly $44,145.62 $5,355.00 $0.00 $49,500.62
Total $1,324,368.49 $160,650.00 $0.00 $1,485,018.49

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Current Listings

Last 30 Days
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Nov 2026

Average Price

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Average Days on Market

All Price Ranges
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Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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