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$ 5,800,000
Est. payment | /mo
0.31 Acres Lot
$ 5,800,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR24099585
HOA Y/N No
Lot Size 0.307 Acres
Acres 0.31
Property Sub-Type Unimproved Land
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 possibilitie
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Electricity Connected, Natural Gas Connected, Sewer On Site
View Y/N true
View City Lights, Trees/Woods
Building
New Construction No
Others
Tax ID 5123019031
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Listed by Thomas Chou • ALTC Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "