$ 999,500
2214 W Florence AVE Los Angeles, CA 90043
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 999,500
Est. payment /mo
Active
2214 W Florence AVE Los Angeles, CA 90043
5,793 Sqft Lot
UPDATED:
09/30/2024 06:31 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24370953
HOA Y/N No
Year Built 1941
Lot Size 5,793 Sqft
Property Description
Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAC2
Interior
Heating None
Fireplace No
Laundry None
Exterior
Roof Type Flat
Total Parking Spaces 8
Building
Story 1
Water Public
Others
Tax ID 4009001004
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Dan Stueve • Equity Union
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
110 E Wilshire Ave, Suite G1, Fullerton, California, 92832, USA