The 8.77 acre parcel consists of approximately 151,000 square feet of land designated for neighborhood commercial use and 239,000 square
feet of land designated for low density residential use. It is located within 1/2 mile of the Florence-Vermont Metro Rapid Bus Stop and sits along Local Bus & LADOT Dash lines, and a designated pedestrian, bicycle, and transit priority corridor, which is also less than 1 mile to the nearest 110 Freeway onramp and only slightly over 1 miles to the nearest Metro J Line stop. The site is unique due to its large size, which also presents development opportunities for a healthy, pedestrian friendly, commercial district, where people can shop, live, and work with reduced reliable on the automobile.
Allowable uses for retail, professional services, and educational institutions include neighborhood stores, markets, department stores, restaurants, outdoor dining, full service grocers, entertainment venues, amusement enterprises, offices, barber shops, chiropractors, acupuncturists, hospitals, medical or dental clinics, eldercare facilities, senior independent or assisted living care housing, music conservatories, child care facilities. Parks, playgrounds, and recreational or community centers may also be established with healthy street vending or food plazas.
Brice W. Head, MBA
CBRE
