139 W Florence Ave

Los Angeles, CA 90003
  • $785,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 2,552

    SqFt

About the Listing CLW-X83758 - CLW-C122960

Great opportunity to own a Value-add 4-unit residential income property in a high-demand South Los Angeles rental market, featuring strong upside potential and an owner-user opportunity. The layout consists of 2 detached buildings, front building has two side-by-side, single-level units with private front yards. Rear Building has two upper-level units accessed by stairs. High rental demand with immediate rental growth potential. With one unit delivered vacant, it is suitable for a standard investment or house-hacking owner-occupant. Each unit has a garage (entrance through alley) an separate meters. The entire lot is gated all around, front two units have a grassy area with trees, courtyard between buildings, backs into an alley and is priced to sell! *Bonus Income Potential* Property includes an active commercial billboard. Current lease is being renegotiated. This extra revenue is not included in the current financials. Huge upside potential for the next owner. Don't miss this one, schedule an appointment to see it today. The property is conveniently located minutes from major transportation routes, Downtown LA, USC,Natural History Museum, the California Science Center and the 110 Freeway.

Listing Highlights

Status Active
Days on Site 54
Property Type Multi-Family
MLS ® 26856313
Year Built 1936
Total Square Footage 2,552
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LAC2
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Other

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6012013027
  • Tax Year: N/A

Payment Calculator

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Questions About..

139 W Florence Ave Los Angeles, CA 90003

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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