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    2114 W Florence Avenue

    Los Angeles (City), CA 90047
    • $679,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: SR21065289
    UPDATED: 74 min ago
    $679,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,360
      SQFT
    • $499
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    4 units bringing in great income! 8.6 CAP RATE!! potential for over 10% cap.... 3 Singles and 1-1bedroom. 2 units ( 1 single and the 1 bedroom ) can be delivered vacant, or can we rented for the new owner at $1350 and $1750 per a Los Angeles housing company who is ready to take over the leases. Parking in the back for 3 cars and gated. Property is completely gated all around. Some of the units have been updated with new floors and new kitchens. All vacant units have nfresh interior paint. Exterior was recently remodeled with artificial grass and fresh paint. Property also has a brand new water heater. THIS IS A GREAT MONEY MAKER!! Buyer to their own due diligence for verification of specifications of the listing.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T15:32:13.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/115575865
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    2114 W Florence Avenue Los Angeles (City), CA 90047

    • Price: $679,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: SR21065289
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,360
    SQFT
    $499
    $/SQFT
    1955
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    4 units bringing in great income! 8.6 CAP RATE!! potential for over 10% cap.... 3 Singles and 1-1bedroom. 2 units ( 1 single and the 1 bedroom ) can be delivered vacant, or can we rented for the new owner at $1350 and $1750 per a Los Angeles housing company who is ready to take over the leases. Parking in the back for 3 cars and gated. Property is completely gated all around. Some of the units have been updated with new floors and new kitchens. All vacant units have nfresh interior paint. Exterior was recently remodeled with artificial grass and fresh paint. Property also has a brand new water heater. THIS IS A GREAT MONEY MAKER!! Buyer to their own due diligence for verification of specifications of the listing.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 8.6 Common Interest None Community Features Curbs Contingency Please Contact Agent - Tanya For Showings 818-324-2432 Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 58800 Gross Scheduled Income 58800 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 3100 Water Sewer Expense 0 Water Source Public Zoning Lac2

    Listing provided courtesy of Tanya Barkhordar of Shans International Realty Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T15:32:13.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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