Condominium buy in Van Ness California

Rare Triple-Lot Corner Redevelopment Opportunity Near Sofi Stadium! We are very pleased to offer the exciting opportunity for a saavy developer to acquire a triple-lot corner development site, minutes from SoFi Stadium, Hollywood Park Entertainment Campus & The Intuit Dome! This corner lot site, totaling 13,678 square feet is zoned C2 and offers preliminary plans for a 56 unit affordable senior housing development. Located at the Southeast corner of Florence and Van Ness, this exciting development opportunity comes with a clean environmental (Phase 1 & 2 completed) and soils reports and is ready to be taken to the next level. Renderings include two different designs which highlight the possibilities of the highest and best use of this site, but a new developer can pick up the ball and take this site to the next level. Demand for housing in the Greater Los Angeles area has never been stronger, making this development site prime for construction. Located very close to the new Inglewood Transit Connector (ITC), a monorail-like system which would link the Crenshaw Line's Downtown Inglewood Station to SoFi Stadium and Intuit Dome, the future home of the Los Angeles Clippers. Truly an excellent opportunity to purchase a nearly 14,000 SF C2 corner development site with the potential for 56 affordable units or potentially 15-16 small lot market rate townhomes for sale or rent in an area hot for new development! MLS® ID: 22152655 Listed: 5/2/22 Updated: 9/29/22