$450,000

$2,416 est/mo Sourced by Back At You

1550 W Florence Avenue,Los Angeles, CA 90047

Los Angeles, CA 90047

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Description

Exceptional opportunity to acquire a well-positioned vacant commercial lot at 1550 W. Florence Avenue in Los Angeles. This 2,951 sq ft flat parcel is zoned C2, offering a wide variety of development and investment possibilities. The lot measures approximately 25' x 118' and features valuable alley access for added flexibility and convenience. Ideally located for a range of commercial uses, including potential cannabis-related operations (buyer to verify). Motivated seller invites all offers, with possible seller financing available for qualified buyers. Don’t miss this chance to secure a versatile development site in a high-demand corridor.

Details

MLS #	SR26115683
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Days On Site	80
Listing Provided By	LPT Realty, Inc \| George Kpachavi

Features

Zoning	LAC2
Acreage	0.07
Property View	Yes

Exterior

Lot Features	No Landscaping

Utilities

Sewer	Other

Location

Community Features	Street Lights

Area Information

State	CA
County	Los Angeles
City	Los Angeles
Zip Code	90047
Area	C36 Metropolitan Southwest
Listing VS Median (in 90047)
Price: $450,000 low \| high Med: $739,000 14.222222222222% of Average On site: 80 low \| high Med: 49 100% of Average

Sourced by Back At You

Market Activity 90047

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 2	Avg $ Per SqFt: $573.47	Min Sale Price: $565,000	Max Sale Price: $705,000	Med Sale Price: $635,000
Date: Jun 2026	Sales: 8	Avg $ Per SqFt: $544.59	Min Sale Price: $575,000	Max Sale Price: $950,000	Med Sale Price: $782,500
Date: May 2026	Sales: 13	Avg $ Per SqFt: $540.47	Min Sale Price: $612,000	Max Sale Price: $975,000	Med Sale Price: $715,000
Date: Apr 2026	Sales: 19	Avg $ Per SqFt: $489.36	Min Sale Price: $435,000	Max Sale Price: $925,000	Med Sale Price: $660,000
Date: Mar 2026	Sales: 15	Avg $ Per SqFt: $553.05	Min Sale Price: $600,000	Max Sale Price: $950,000	Med Sale Price: $780,000
Date: Feb 2026	Sales: 25	Avg $ Per SqFt: $545.47	Min Sale Price: $510,000	Max Sale Price: $1,100,000	Med Sale Price: $765,000
Date: Jan 2026	Sales: 28	Avg $ Per SqFt: $465.3	Min Sale Price: $490,000	Max Sale Price: $2,300,000	Med Sale Price: $755,000
Date: Dec 2025	Sales: 3	Avg $ Per SqFt: $601.06	Min Sale Price: $595,000	Max Sale Price: $810,000	Med Sale Price: $750,000
Date: Nov 2025	Sales: 5	Avg $ Per SqFt: $375.81	Min Sale Price: $500,000	Max Sale Price: $710,000	Med Sale Price: $650,000
Date: Oct 2025	Sales: 5	Avg $ Per SqFt: $520.99	Min Sale Price: $550,000	Max Sale Price: $1,415,000	Med Sale Price: $660,000
Date: Sep 2025	Sales: 2	Avg $ Per SqFt: $482.34	Min Sale Price: $655,000	Max Sale Price: $790,000	Med Sale Price: $722,500
Date: Aug 2025	Sales: 2	Avg $ Per SqFt: $544.34	Min Sale Price: $625,000	Max Sale Price: $945,000	Med Sale Price: $785,000

Sourced by Back At You

Jul 2026
Sales:	2
Avg $ Per SqFt:	$573.47
Min Sale Price:	$565,000
Max Sale Price:	$705,000
Med Sale Price:	$635,000
Jun 2026
Sales:	8
Avg $ Per SqFt:	$544.59
Min Sale Price:	$575,000
Max Sale Price:	$950,000
Med Sale Price:	$782,500
May 2026
Sales:	13
Avg $ Per SqFt:	$540.47
Min Sale Price:	$612,000
Max Sale Price:	$975,000
Med Sale Price:	$715,000
Apr 2026
Sales:	19
Avg $ Per SqFt:	$489.36
Min Sale Price:	$435,000
Max Sale Price:	$925,000
Med Sale Price:	$660,000
Mar 2026
Sales:	15
Avg $ Per SqFt:	$553.05
Min Sale Price:	$600,000
Max Sale Price:	$950,000
Med Sale Price:	$780,000
Feb 2026
Sales:	25
Avg $ Per SqFt:	$545.47
Min Sale Price:	$510,000
Max Sale Price:	$1,100,000
Med Sale Price:	$765,000
Jan 2026
Sales:	28
Avg $ Per SqFt:	$465.3
Min Sale Price:	$490,000
Max Sale Price:	$2,300,000
Med Sale Price:	$755,000
Dec 2025
Sales:	3
Avg $ Per SqFt:	$601.06
Min Sale Price:	$595,000
Max Sale Price:	$810,000
Med Sale Price:	$750,000
Nov 2025
Sales:	5
Avg $ Per SqFt:	$375.81
Min Sale Price:	$500,000
Max Sale Price:	$710,000
Med Sale Price:	$650,000
Oct 2025
Sales:	5
Avg $ Per SqFt:	$520.99
Min Sale Price:	$550,000
Max Sale Price:	$1,415,000
Med Sale Price:	$660,000
Sep 2025
Sales:	2
Avg $ Per SqFt:	$482.34
Min Sale Price:	$655,000
Max Sale Price:	$790,000
Med Sale Price:	$722,500
Aug 2025
Sales:	2
Avg $ Per SqFt:	$544.34
Min Sale Price:	$625,000
Max Sale Price:	$945,000
Med Sale Price:	$785,000

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State	CA
County	Los Angeles
City	Los Angeles
Zip Code	90047
Area	C36 Metropolitan Southwest
Listing VS Median (in 90047)
Price: $450,000 low \| high Med: $739,000 14.222222222222% of Average On site: 80 low \| high Med: 49 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $337K - $562K

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$1,775,000 1508 W Florence Avenue Los Angeles, CA 90047
	$650,000 1555 W 71st Street Los Angeles, CA 90047

Listing Updated: August 21, 2026 at 11:02:28 PM PDT

1550 W Florence Avenue,Los Angeles, CA 90047

Los Angeles, CA 90047

Description

Details

Features

Exterior

Utilities

Location

Area Information

Market Activity 90047

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Additional Information

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$1,775,000

$650,000

Coldwell Banker Home Source

1550 W Florence Avenue,Los Angeles, CA 90047

Los Angeles, CA 90047

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Description

Details

Features

Exterior

Utilities

Location

Area Information

Market Activity 90047

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Coldwell Banker Home Source

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$1,775,000

$650,000

Coldwell Banker Home Source