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3520 W Florence Avenue

Los Angeles, CA 90043
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SqFt11,051

Sqft(Lot)

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 cou nt 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,599,000

AD Id : 77614230

MLS Id : 26760519

Lot Size : 11,051 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 11051 Lot Size Acres: 0.2537 Lot Size Source: Other Lot Size Square Feet: 11,051 Lot Description: Corners Marked,Value In Land

  • Listing Price Information

    Listing Price: $1599000
    Original Price: $1699000

  • Tax Information

    Parcel Number: 4012029029

  • Location Information

    Direction: Florence Ave & Brynhurst Ave
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5471 Crenshaw Boulevard, Los Angeles, CA, 90043 $2,985,000 -- -- -- 23,986 Sqft(Lot)
6216 Crenshaw Boulevard, Los Angeles, CA, 90043 $675,000 -- -- -- 4,800 Sqft(Lot)
6526 Brynhurst Avenue, Los Angeles, CA, 90043 $2,099,999 -- -- -- 11,402 Sqft(Lot)

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ByOwner last updated this listing 08/12/2026 @ 00:51

MLS: 26760519 LISTED BY: Oron Maher, Maher Commercial Realty 310-464-1453 SOURCE: CRMLS

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