Detailed Introduction Of This Home
Presenting this C2 Commercial Zone property located between Florence and Gramercy Pl, 2,500 sq. ft full lot. The existing structure is an office building currently on-site. Property has mixed-use potential (subject to local city planning approval) and sold as-is. Buyers are responsible for confirming due diligence. This property offers significant flexibility for development or rehabilitation, supported by confirmed site plan scenarios from the Community & Development Subdivision of the LA Department of Building & Safety. Examples include two different scenarios which includes two story duplex with ADUS or Two - SFR with two story ADU. The site plans provide motivated buyers with a roadmap to maximize the property’s potential for residential and commercial profit. Neighboring properties are mixed-use, including a neighboring business/residential property and a 6-unit residential building. The area is ideal for mixed-use developments that integrate residential and commercial spaces. Investment highlights or development options looking to capitalize on South Los Angeles’ growth and demand for mixed-use spaces. With zoning flexibility and confirmed site plan scenarios, buyers have a unique opportunity to create value in this prime location.