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2819 S Flower Street

Los Angeles (City), CA 90007
  • $5,800,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: AR24099585
UPDATED: 17 min ago
$5,800,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Thomas Chou of ALTC Realty (626-378-8007)


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 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-07T09:34:02.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/150611014
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2819 S Flower Street Los Angeles (City), CA 90007

  • Price: $5,800,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 17 min ago
  • ID#: AR24099585
0
Beds
0
Baths
0
½ Baths
0.31
Acres
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property 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 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.
Exterior Features

Lot Features 36-40 Units/AcreRocks Road Frontage Type City StreetHighway Road Surface Type Alley Paved View City LightsTrees/Woods View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Current Financing None Disclosures Flood Plain Disclosure Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailableSewer Available Water Source Public Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-07T09:34:02.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
8898 La Mesa Blvd.
La Mesa CA, 92042
Listing Agent(s): Thomas Chou of ALTC Realty (626-378-8007)