Property Detail

Description

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 sketches 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.