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2301 W Florence Ave
Los Angeles, CA 90043

Residential Multi Family (Other)

0.38 Acres
N/A Sqft Living Area

24 Bedrooms

0 Bathrooms (0 Full, 0 Half)

Year Built: 1955

$4,645,000

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Property Description

REDUCED! We are proud to present for sale a value-add set of 3 side-by-side residential income properties with a combined 21 units. These renovated buildings have 7 units each allowing ownership to avoid having an on-site manager, while still owning 21 adjoining units. While the exterior features new paint and well-maintained landscaping, only 7 units have seen light remodeling which provides new ownership numerous avenues to add value and capture top rent. With 9 Section 8 tenants and one two-bedroom unit in each building, these assets are fully parked in the rear and open the possibility of building ADUs. Don't miss the opportunity to own the nicest buildings on Florence Ave. with tremendous upside! Transaction includes 3 APNs: 4008-020-004, 4008-020-005 & 4008-020-006.

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Contact Details

Name: Dario Svidler

Email: dario@svidlercre.com

MLS Listing Id: 23-273805

Agent Phone: (424) 600-7633

List Agent License: 01884474

Office Name: Keller Williams Beverly Hills

Office Phone: (310) 432-6400

Office MLS Id: X74054

Listing Status: Active

Listing URL: https://listings.listhub.net/pages/CLAWCA/23-273805/?channel=openhousinc

Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.