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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Thomas Chou, DRE #01960120 • ALTC Realty

$ 5,800,000

Est. payment | -/mo

0.31 Acres Lot

Save

$ 5,800,000

Est. payment | -/mo

Save

0.31 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR24099585

Lot Size 0.307 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

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 pos

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning D8,LX,RK

Exterior

Utilities Available Electricity - On Site

View Forest / Woods, City Lights

Building

Water District - Public

Others

Tax ID 5123019031

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

2819 S Flower ST Los Angeles, CA 90007