Listing by: Thomas Chou, ALTC Realty, 626-487-8348
0 Beds
n/a Full bath
n/a SqFt
Active
Located in the heart of downtown Los Angeles, just moments away from the prestigious University of Southern California (USC), lies a rare gem of real estate: two parcels totaling 13,390 square feet, awaiting a visionary investor or developer. Located at 2819 S Flower Street, this expansive property offers an exceptional canvas for realizing your dreams of urban development. Unbeatable Location: Situated in one of the most dynamic and sought-after neighborhoods in Los Angeles, this land enjoys unparalleled proximity to USC, making it an ideal investment for student housing, mixed-use development, or commercial ventures catering to the vibrant university community. Fully Entitled Development: This rare offering comes with the invaluable advantage of full entitlements for a 47-guest room hotel, streamlining the development process and expediting your journey from vision to reality. With all necessary approvals in place, you can begin construction without delay, saving both time and resources. Generous Size: With a total area of 13,390 square feet spread across two parcels, this property presents ample space for creative construction and versatile design concepts. Whether you envision a multi-story residential complex, retail establishments, or a combination of both, the possibilities are endless. Thriving Urban Environment: Surrounded by a diverse array of cultural attractions, dining options, entertainment venues, and convenient amenities, this location offers an unparalleled urban lifestyle experience. Residents and visitors alike will appreciate the convenience of living in close proximity to downtown LA's bustling scene. Investment Potential: As downtown Los Angeles continues to undergo rapid revitalization and gentrification, savvy investors have recognized the immense potential for growth and profitability in this area. Secure your stake in the future of one of the nation's most dynamic real estate markets. Accessibility: Enjoy easy access to major transportation arteries, including highways, public transit routes, and bike lanes, facilitating seamless connectivity to all corners of the city and beyond. Whether you're looking to capitalize on the thriving student population, capitalize on the burgeoning urban renaissance, or simply secure a strategic investment for the future, 2819 S Flower Street beckons with limitless potential.
Property Details | ||
---|---|---|
Price | $5,800,000 | |
Lot Size Area | 13394 | |
Lot Size Area Units | Square Feet | |
Acres | 0.3075 | |
Property Type | Land | |
Features | Electricity Available,Natural Gas Available,Sewer Available | |
Exterior Features | Sidewalks,Street Lights | |
View | City Lights,Trees/Woods | |
Lot Description | 36-40 Units/Acre,Lot 10000-19999 Sqft,Rocks | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Between 28th and 29th Street. Exit 110-South freeway. Next to McDonald's parking lot | |
County | Los Angeles | |
Latitude | 34.025703 | |
Longitude | -118.276405 | |
Market Area | C42 - Downtown L.A. | |
Address Information | ||
Address | 2819 S Flower Street, Los Angeles, CA 90007 | |
Postal Code | 90007 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | ALTC Realty | |
Listing Agent | Thomas Chou | |
Listing Agent Phone | 626-487-8348 | |
Attribution Contact | 626-487-8348 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
MLS Information | ||
Days on market | 167 | |
MLS Status | Active | |
Listing Date | May 16, 2024 | |
Listing Last Modified | Oct 30, 2024 | |
Tax ID | 5123019031 | |
MLS Area | C42 - Downtown L.A. | |
MLS # | AR24099585 |
This information is believed to be accurate, but without any warranty.