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For Sale

$785,000

2,552 sqft$308/sqft125 days on market

139 W Florence Avenue

Los Angeles, CA 90003

· 8% down, 7% APR, 30yr fixed

4

Beds

4

Baths

2,552

Square feet

1936

Built

Listing narrative

Description

Back on the market through no fault of the seller or property. 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 agent (MLS): Claudia Ghazanfary · Listing brokerage (MLS): Call It Closed International,Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$785,000

Beds

4 bd

Type

House

Home Size

2,552 sqft

Baths

4

Lot Size

0.11 acres

Year

1936

Status

For Sale

Days on Market

125

$ / Sqft

$308

· 8% down, 7% APR, 30yr fixed
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Courtesy of Call It Closed International,Inc