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Lot/land
  • Listed by: ALTC Realty • Thomas Chou • Contact: 626-487-8348
    $5,800,000

    2819 S Flower St #15, Los Angeles, CA 90007

    --beds
    --baths
    0.31Acres
    Unimproved Land
    Built in ----
    0.31 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous size
    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.
    806 days
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    33
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Chou DRE #01960120 626-487-8348,

    ALTC Realty

    Source: CRMLS,MLS#: AR24099585MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: City Lights, Trees/Woods
      Lot
      • Size: 0.31 Acres
      • Features: 36-40 Units/Acre, Rocks
      Details
      • Parcel number: 5123019031
      • Zoning: LAC2
      • Special conditions: Standard

      Utilities & green energy

      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Date on market: 5/16/2024
      • Cumulative days on market: 807 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Road surface type: Alley Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,806/mo

        Price history

        DateEventPrice
        5/16/2024Listed for sale$5,800,000
        Source: CRMLS #AR24099585 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: University Park

        Getting around

        93 / 100
        Walker's Paradise
        84 / 100
        Excellent Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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