Los Angeles, CA 90047 2024 W Florence Avenue

2024 W Florence Avenue Los Angeles, CA - Image 12024 W Florence Avenue Los Angeles, CA - Image 2
Presented By: Shea Nelson with Watkins Realty & Investments;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25489427
  • 01/31/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,091

Home Details

We are excited to offer this three unit income property for sale listed at $900,000. The property consists of two one bedroom one bath units and one two bedroom one bath unit and offers the opportunity to own a property with its own private entrance making this an unique gem. Don't miss this rare opportunity. The investment is a great opportunity to produce long term cash flow and possible future developments. The property is in close proximity to public transportation and near by 110, 10, 105, 5 and 60 freeways. Properties is being sold as is. Owner pays water and trash. There is no sign on the property. Tenants are unaware of the sale please do not disturb tenants. Interior inspection of units only upon accepted offer.
Presented By: Shea Nelson with Watkins Realty & Investments;

Interior Features for 2024 W Florence Avenue

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesNone
Total Stories1

General for 2024 W Florence Avenue

AccessibilityNone
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash, Conventional, Fha
Cap Rate5.7
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsWest Florence Avenue and Gramercy Place
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income53472.0
HOANo
HeatingWallFurnace
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Insurance Expense325.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5109.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense100.0
MobileHomeRemainsYNNo
Net Operating Income51972.0
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces3.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Taxes$825
Tenant PaysElectricity, Gas
Waterfront Y/NNo
Year Built1950
ZoningLAC2

Exterior for 2024 W Florence Avenue

Building Area Total2091.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1173
Lot Size Area5109.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $900,000
MLS#25489427
List Date 01/31/2025
Property Type Multi-Family
Phone 714.742.6515
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