2819 Flower Street

Los Angeles, CA 90007

$5,800,000
Price
—
Beds
40,000 Sq. Ft.
$145 / Sq. Ft.
40,000
Sq. Ft.
$145
per Sq. Ft.

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...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.
  1. Listed by Thomas Chou • DRE #01960120 • Brokerage DRE #01928528 • ALTC Realty • 626-487-8348

Property Details for 2819 Flower Street

Lot Size Source
Assessor
Lot Size Dimensions
13394
Building Area Total
40000
Building Area Units
Square Feet
Stories Total
0
Entry Level
1
Parcel Number
5123019031
Area
Downtown L.A. (C42)
LISTING UPDATED: 10/30/2024 06:10 AM

Property Details for 2819 Flower Street

StatusActive
MLS #AR24169232
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1962
Lot Size0.31 AC / 13,394 SF
CountyLos Angeles County

Building Information for 2819 Flower Street

Stories-Residences-Year Built1962Lot Size0.31 AC / 13,394 SF

Property Information for 2819 Flower Street

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
  • Heating: None
Exterior Features
  • Roof: None
  • Fence: Yes
  • Fencing: Chain Link
Land/Lot Info
  • Lot Features: 36-40 Units/Acre, Value In Land
  • Land Use: Industrial, Other
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public
Property / Structure Info
  • Building Status: Land

Property History for 2819 Flower Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2819 Flower Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Norwood Street Elementary School
Public - K to 5
John Adams Middle School
Public - 6 to 8
Manual Arts Senior High School
Public - 9 to 12
Thirty-Second Street USC Performing Arts
Public - K to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Manual Arts Senior High School
Public9 to 12

Thirty-Second Street USC Performing Arts
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2819 Flower Street, Los Angeles, CA 90007

2819 Flower Street is a mixed use property for sale in Los Angeles, CA 90007. This property was listed for sale on August 15, 2024 by ALTC Realty, it's currently listed at $5,800,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Norwood Street Elementary School, John Adams Middle School and Manual Arts Senior High School. 2819 Flower Street is a 0-bed, 0-bath, 40,000 sqft mixed use property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ALTC Realty, Thomas Chou, DRE #01960120

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.