2301 W Florence Ave, Los Angeles, Los Angeles County, CA, 90043 Los Angeles CA US

USD 4,995,000
For Sale MLS: 23-273805

Property Details

Bedrooms

24

Bathrooms

6

Neighborhood

Hyde Park

Property Type

MultiFamily

Description

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. Find out more about this property. Request details here

Location

Address

2301 West Florence Avenue, Los Angeles, California 90043, United States

City

Los Angeles

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