We are pleased to present a rare opportunity to break ground immediately on a fully entitled 22-unit apartment development in one of Los Angeles’s most active growth corridors. Situated near the high-visibility corner of Florence Avenue and Crenshaw Boulevard in the burgeoning Hyde Park pocket, this vacant, shovel-ready site eliminates entitlement risk entirely and offers investors and developers a clear, immediate path to execution.The proposed 20,028 Sq.Ft. building is thoughtfully designed with a market-smart unit mix: 13 one-bedroom/one-bath and 9 two-bedroom/two-bath residences with spacious floor plans averaging 800 Sq.Ft. per unit, ideal for today’s Los Angeles renter. The site sits on an 11,051 Sq.Ft. lot zoned R3 with a Tier 3 TOC Density Bonus, which is what makes the 22-unit count achievable and maximizes the return potential on this land. The location is a compelling part of the story. With a Walk Score of 70, tenants enjoy genuine, everyday walkability in a neighborhood that is attracting serious investment. The property is just minutes from Inglewood’s booming entertainment district, home to SoFi Stadium, Intuit Dome, and the Kia Forum, three world-class venues that have fundamentally reshaped demand dynamics across the entire submarket. Proximity to the Crenshaw/LAX Metro Line further strengthens the property’s long-term rental appeal. For a developer seeking a turnkey opportunity with no entitlement timeline, a proven unit mix, and a location riding one of the strongest demand tailwinds in Los Angeles County, 3520 W. Florence Avenue delivers on every front.
Property Details
Price:
$1,599,000
MLS #:
26760519
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
101northinglewood
Listed Date:
Apr 20, 2026
Lot Size:
11,051 sqft / 0.25 acres (approx)
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Community
- Address3520 W Florence AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of May 24, 2026
447
Land Listed
179
Avg DOM
$1,580,831
Avg List Price
Property Summary
- 3520 W Florence AV Los Angeles CA is a Land for sale in Los Angeles, CA, 90043. It is listed for $1,599,000 and features 0 acres.
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