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1312 W FLORENCE AVE Los Angeles, CA 90044
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Key Details
Sold Price $670,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $231
MLS Listing ID 20-542254
Sold Date 05/13/20
Bedrooms 6
Year Built 1919
Lot Size 4,796 Sqft
Property Sub-Type Multi-Family
Property Description
4 unit apartment building centrally located real estate investment opportunity located near the Staples Center and the new LA Rams stadium. This property offers a unique mix of (1) 3bd/2ba & (3) 1bd/1ba units that are 100% occupied with month to month tenants. The property is zoned for LAC2 and sits on 4,795 sqft lot. The owner is currently operating the property as a 4 unit but assessors shows 6 units. The new owner will have the opportunity to take advantage of the true upside potential through rental increases and capital improvements.
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LAC2
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Wall
Cooling None
Equipment Other
Exterior
Parking Features Covered Parking
Garage Spaces 5.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Compass