832 W Florence Ave, Los Angeles, Los Angeles County, CA, 90044 Los Angeles CA US

USD 1,950,000
For Sale MLS: 23-239809

Property Details

Bedrooms

6

Bathrooms

4

Neighborhood

Vermont Knolls

Property Type

MultiFamily

Description

Kingside Investment Group is proud to present 832 W. Florence Avenue a ten (10) unit apartment situated on approximately 5,001 square feet of land (0.12 acres) in South Los Angeles. Unit composition includes five (5) studio/one-bath units, four (4) one-bed/one-bath units and one (1) two-bed/one-bath unit. The asset has recently undergone dramatic renovations including exterior paint, common area upgrades and installation of cameras. The interior of the units was also redone with new vinyl flooring, paint and modern cabinetry. Due to the numerous renovations, the building is achieving above market returns with subsidized tenants. Currently there are two vacant units with the opportunity to get another vacant as well. Immediate value add through a conversion of one of the studios units into a 1-bedroom to maximize rent. Find out more about this property. Request details here

Location

Address

832 W Florence Ave, Los Angeles, California 90044, United States

City

Los Angeles

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