4272 Florence Avenue
$1,995,000
35,736 / 0.82
Description
Dramatic $500k price reduction! This is a Street to Street lot from Florence Ave. To Walnut St. Consisting of 35,728 sq.ft.. 105 feet of street frontage on Florence
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft....Dramatic $500k price reduction! This is a Street to Street lot from Florence Ave. To Walnut St. Consisting of 35,728 sq.ft.. 105 feet of street frontage on Florence
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft. property which is being run as a Senior Apartment Complex
4272 Florence Blvd. currently has just over 12,000 sq.ft of mixed use building built around 1920. There is a single story 8,675 sq. Ft (which also has an additional 3,100 sq. Of mezzanine storage space). The 8,675 sq. Ft building fronts Florence Ave and features 5 retail storefront units and 2 units that are rented as residential rental units. Then there is a 4 bedroom + 2 bath 2,100 sq.ft. house on Walnut St. Finally, a stand alone 2 story house of about 1,260 sq. Ft. Currently, total rent is a very low $9,410/mo
The LA County property tax assessor recently appraised the property at $3.1M for property tax purposes.
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft....Dramatic $500k price reduction! This is a Street to Street lot from Florence Ave. To Walnut St. Consisting of 35,728 sq.ft.. 105 feet of street frontage on Florence
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft. property which is being run as a Senior Apartment Complex
4272 Florence Blvd. currently has just over 12,000 sq.ft of mixed use building built around 1920. There is a single story 8,675 sq. Ft (which also has an additional 3,100 sq. Of mezzanine storage space). The 8,675 sq. Ft building fronts Florence Ave and features 5 retail storefront units and 2 units that are rented as residential rental units. Then there is a 4 bedroom + 2 bath 2,100 sq.ft. house on Walnut St. Finally, a stand alone 2 story house of about 1,260 sq. Ft. Currently, total rent is a very low $9,410/mo
The LA County property tax assessor recently appraised the property at $3.1M for property tax purposes.
- Listed by Michael Millea • DRE #01069014 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-233-2800
Property Details for 4272 Florence Avenue
View
None
Lot Size SourceAssessor
Assessor Parcel Number6225-004-400
New ConstructionNo
PoolNo
ViewNo
AssociationNo
Association Fee$.00
LISTING UPDATED: 10/29/2024 02:55 AM
Property Details for 4272 Florence Avenue
Status | Active |
---|---|
MLS # | SB24213777 |
Days on Market | 30 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.82 AC |
County | Los Angeles County |
Building Information for 4272 Florence Avenue
Lot Size0.82 AC
Property Information for 4272 Florence Avenue
Property History for 4272 Florence Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4272 Florence Avenue
Taxable ValueLand$2,080,800Additions$1,040,400Total$3,121,200
Tax Record2024$50,280 ($4,190 / month)
Home Facts
Total Finished SqFt12,065 SqFtAbove Grade Finished SqFt12,065 SqFtStories1Lot Size35,728 SqFtStyleOffice BuildingYear Built1920ZoningBLC3R-R3*CountyLOS ANGELESAPN6225-004-400
Schools near 4272 Florence Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Jaime Escalante Elementary School PublicK to 6 | ||
Elizabeth Learning Center PublicK to 12 | ||
Maywood Academy High Public9 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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