2819 S Flower St, Los Angeles, CA 90007
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2819 S Flower St Los Angeles, CA 90007

$5,800,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$5,800,000 Get Pre-Qualified

Map preview of 2819 S Flower St, Los Angeles, CA 90007

Property Overview: 2819 S Flower St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 13,394 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: 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.

Listed by Thomas Chou | BRE #01960120 | ALTC Realty
Last checked: 7 seconds ago | Last updated: August 26th, 2024 | Source CRMLS | DOM: 134

Home details

Lot Sq. Ft
13,394
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
AR24099585
City
Los Angeles
County
Los Angeles
Time on Site
135 days

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Property Details for 2819 S Flower St

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 36-40 Units/Acre, Lot 10000-19999 Sqft, Rocks
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Trees/Woods
  • Parcel Number: 5123019031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
Location / Neighborhood
Location Information
  • Directions: Between 28th and 29th Street. Exit 110-South freeway. Next to McDonald's parking lot
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
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Sale History for 2819 S Flower St

Last sold for $650,000 on August 30th, 2016
  • May, 2024

  • May 16, 2024

    Date

    Active

    CRMLS: AR24099585

    $5,800,000

    Price

  • August, 2016

  • Aug 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • August, 2016

  • Aug 30, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2819 S Flower St

Assessed Value (2020): $689,784
Year Land Value Improved Value Assessed Value
2020 $519,991 $169,793 $689,784

Home Value Compared to the Market

This property vs the competition

2819 S Flower St is listed 383.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 2819 S Flower St

Detailed summary of property

2819 S Flower St is a land located in Los Angeles, CA 90007 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 13,394 square foot lot. 2819 S Flower St was first listed on ArdentRealEstateGroup.com on May 16, 2024. The homeowner is currently asking $5,800,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 383.33% higher than the median priced home. Local competing homes currently for sale include 1510 N Tigertail Rd, 1862 Mango Way and 13205 Chalon. While the average home in Los Angeles, CA is selling in 106 days, 2819 S Flower St has a days on market of 134 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2819 S Flower St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2819 S Flower St

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
2,655
Lot Size
5,174
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5123-019-014

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.