2819 S Flower Street
Los Angeles, CA, 90007 $ 5,800,000
Baths0.0 Monthly Estimate*
$ 34,737
Studio
for $5,800,000. The lot size is 0.3075.
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.
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FeaturesGeneralUtilities ElectricityAvailable NaturalGasAvailable SewerAvailable
Zoning LAC2
HOA 0.0
View CityLights TreesWoods
Community Features StreetLights Sidewalks
County Los Angeles
New Construction N
Property Type Land
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Between 28th and 29th Street. Exit 110-South freeway. Next to McDonald's parking lot
City Los Angeles
Disclosures FloodPlainDisclosure
View Y/N Y
Senior Community Y/N N
MLS Area C42 - Downtown L.A.
Lot Size Units SquareFeet
Lot Size Square Feet 13394.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash CashtoNewLoan Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 102
Standard Status Active
Tax Lot 15
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ExteriorLot Features Item3640UnitsAcre Rocks
Water Source Public
Lot Size Area 13394.0
Spa N
Lot Size Acres 0.3075
Road Surface Type AlleyPaved
Lot Size Source Assessor
Road Frontage Type CityStreet Highway
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $34,737
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Los Angeles, CA
Average List Price $1,679,155
Percent of Sale Price 71%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/17/2024 | $5,800,000 | | Listed Price |