Millman Team Real Estate

$1,599,000
0.25 Acre Lot

3520 W Florence Avenue, Los Angeles, California 90043

  • Land Property Type
Property Description

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 count 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.

Basic Details
Land
For Sale
26760519
$1,599,000
None
0.25 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90043
Florence
3520
Avenue
W119° 39' 58.9''
N33° 58' 26.5''
Florence Ave & Brynhurst Ave
101 - North Inglewood
W
LAR3 TOC Tier 3
Additional Information
$0
$0
$0
$0
$0
: Value In Land, Corners Marked
2026-04-20
1699000
Broker/Agent Information
Maher Commercial Realty
Oron Maher
Listing Information
CLW-C137215
CLW-X83092
Active
2026-05-01T17:23:58Z
CRMLS
: Standard
2026-04-20T00:00:00Z
Agent info
Ray Millman
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