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    704 W Florence Avenue

    Los Angeles (City), CA 90044
    • $849,999
    • STATUS: Active Under Contract
    • ON SITE: 99 days
    • MLS #: DW21021270
    Under Contract
    UPDATED: 80 min ago
    $849,999
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,592
      SQFT
    • $237
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Investors dream, 4 residential units, 2 commercial units all in a highly desired area of South Los Angeles. Near 110 Fwy and many shopping and food locations. Each residential unit consists of 1 bedroom 1 bathroom, living room, kitchen and large storage closet. All units are tenant occupied. 1 commercial unit has been a beauty salon for over 25 years and a newly built snack shop currently occupied as a Fruit and healthy quick bites. Property features parking in front through Florence Ave for the commercial units and in the rear through alley way for residential units. This is a great investment won't last long!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T09:37:06.34. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/113832499
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    704 W Florence Avenue Los Angeles (City), CA 90044

    • Price: $849,999
    • Status: Active Under Contract
    • Updated: 80 min ago
    • MLS #: DW21021270
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,592
    SQFT
    $237
    $/SQFT
    1923
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Investors dream, 4 residential units, 2 commercial units all in a highly desired area of South Los Angeles. Near 110 Fwy and many shopping and food locations. Each residential unit consists of 1 bedroom 1 bathroom, living room, kitchen and large storage closet. All units are tenant occupied. 1 commercial unit has been a beauty salon for over 25 years and a newly built snack shop currently occupied as a Fruit and healthy quick bites. Property features parking in front through Florence Ave for the commercial units and in the rear through alley way for residential units. This is a great investment won't last long!!
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Urban Current Financing Conventional Garage YN No Gross Income 5950 Gross Scheduled Income 73200 Insurance Expense 900 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 59310 New Construction YN No New Taxes Expense 5610 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 13890 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2880 Water Sewer Expense 4500 Water Source Public Zoning Lac2

    Listing provided courtesy of Elvira Meraz of Master Key Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T09:37:06.34. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
     
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    Sacramento CA, 95825