We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing! Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA,… Read More the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $895,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details. Read Less
Courtesy of Kidder Mathews of California, Inc. 858-369-3010
Listing Snapshot
Days Online
118
Last Updated
Property Type
Other
Beds
8
Square Ft.
2,552
Lot Size
0.11 Acres
Year Built
1936
MLS Number
25529177
30 Days Snapshot Of 90003
$535k
0%
(avg) sold price
0
-100%
homes sold
58
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,552 sq ft, Built in 1936, Levels: One, Attached
Disclosures
As Is
Garage
Carport
Heating
Wall
Lot
LotAcreage: 0.1139, LotSizeArea: 4,960, Single Lot
Parking
TotalParking: 4
Property
NumberOfUnits: 4, Zoning: LAC2
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