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Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Square Feet: 2660 • Lot/Size: 5,202 sqft lot
Description: Stop paying rent and start collecting it. Live in one unit of this 4-unit property in the Florence area of Los Angeles and let the other three help pay the mortgage. The property has 2 separate structures on one lot. The front building holds 3 remodeled units, and the detached rear unit is in original condition, ready for updating. Every unit is a 2-bedroom, 1-bath floor plan, 3 of the 4 units include a garage space, and units are separately metered for gas and electric. At projected market rents, gross scheduled income is approximately $9,380 per month, or $112,560 per year, making this an equally strong hold for an investor. Close to shopping and dining along Florence and Manchester Avenu
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