2422 W Florence Avenue

Los Angeles, CA 90043

$799,000

List Price

5

bed Beds

2

shower Baths

1,066 sqft

straighten / sqft

1955

calendar_month Built

Property Description

Located in a prime location near vibrant Inglewood, and just moments from SoFi Stadium and Intuit Stadium, this commercially zoned duplex offers a rare blend of current residential use with expansive future potential. The property comes with approved plans and RTI permits for a modern 3-story apartment building featuring either three or four units. Ideal for investors and developers alike, this property offers the flexibility to capitalize on its commercial zoning while benefiting from its existing residential use. Embrace the dynamic growth of the area, with nearby entertainment venues, shopping, and easy access to major freeways. Don't miss out on this exceptional development opportunity. Property will be delivered vacant at the close of escrow.

Listing Information

List Price $799,000
Status Active
MLS 24430687
Type Residential Income
Year Built 1955
Lot Size 5,744
Structure Size 1,066
DOM 8
Courtesy Of Compass
Listing Agent Stephanie Younger DRE#01365696
Co-Listing Agent Robert Lugari DRE#02174891

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Shed(s)

Maps

Listing information courtesy of: Stephanie Younger, Robert Lugari, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 29th, 2024 at 1:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.