$ 5,800,000
2819 S Flower ST Los Angeles, CA 90007
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,800,000
Est. payment /mo
Active
2819 S Flower ST Los Angeles, CA 90007
0.31 Acres Lot
UPDATED:
10/30/2024 08:00 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24099585
HOA Y/N No
Lot Size 0.307 Acres
Property Description
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.
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
View Y/N Yes
View City Lights, Trees/Woods
Building
Lot Description 36-40 Units/Acre, Rocks
Water Public
New Construction No
Others
Senior Community No
Tax ID 5123019031
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Thomas Chou • ALTC Realty • 626-487-8348