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1454 W Florence Ave, Los Angeles, CA 90047
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1454 W Florence Ave Los Angeles, CA 90047

$1,395,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified
Map preview of 1454 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1454 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,502 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Partners CRE is proud to present for sale a Ready-to-Issue ED1-vested 31 Unit + 2 Commercial Affordable Housing Project on a 6,500 SF corner lot in a low-density area.Designed with efficiencies in mind, this fully stacked on-grade design features 6 x Studio's, 22 x 1 bedrooms, 3 x 2 bedroom units, and 2 commercial ground floor retail (for a total of around 19,749 SF of rentable space). The retail component offers a huge amenity to the building allowing the owner to provide services to tenants within the building, ex. a large PATH Office space, a Leasing office, or supportive center.The property features RTI plans that allow a developer to break ground once escrow is closed, and it will be delivered vacant at the close of EscrowThe property is located on Florence between Western and Normandie intersection and has easy access to 110 freeway. This opportunity is about 6 miles south of DTLA, about 3 miles south of Banc of California Stadium & LA Memorial Coliseum, and about 5 miles east of SoFi Stadium.

Listed by Jordan Petito | BRE #02023714 | Keller Williams Beverly Hills
Last checked: 9 minutes ago | Last updated: July 18th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24413429
City
Los Angeles
County
Los Angeles
Time on Site
65 days

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Property Details for 1454 W Florence Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Parcel Number: 6018007001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: A few blocks west of Halldale Ave, close to Normandie Ave
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Local Los Angeles Agent

Sale History for 1454 W Florence Ave

View property's historical transactions

  • July, 2024

  • Jul 10, 2024

    Date

    Active

    CRMLS: 24413429

    $1,395,000

    Price

Tax History for 1454 W Florence Ave

Assessed Value (2020): $20,336
Year Land Value Improved Value Assessed Value
2020 $19,251 $1,085 $20,336

Home Value Compared to the Market

This property vs the competition

1454 W Florence Ave is listed 16.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 1454 W Florence Ave

Detailed summary of property

1454 W Florence Ave is a land located in Los Angeles, CA 90047 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,502 square foot lot. 1454 W Florence Ave was first listed on ArdentRealEstateGroup.com on July 15, 2024. The homeowner is currently asking $1,395,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.25% higher than the median priced home. Local competing homes currently for sale include 906 E 23rd St, 1157-1201 E 20th St and 1225 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1454 W Florence Ave has a days on market of 65 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1454 W Florence Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1454 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1932
Sq. Ft.
872
Lot Size
6,499
Stories
1
Type
Car Wash
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
6018-007-001

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
106
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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Recently Sold Homes Near 1454 W Florence Ave

1162 W Florence Ave, Los Angeles, CA 90044
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-- Sq.Ft.
1162 W Florence Ave
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6710 S Western Ave, Los Angeles, CA 90047
$358,000 Last Sold Price
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6710 S Western Ave
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7501 S Western Ave, Los Angeles, CA 90047
$2,575,000 Last Sold Price
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7501 S Western Ave
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1516 W 58th St, Los Angeles, CA 90062
$425,000 Last Sold Price
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1516 W 58th St
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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