139 W Florence AVE, Los Angeles, CA 90003
139 W Florence AVE, Los Angeles, CA 90003
139 W Florence AVE, Los Angeles, CA 90003
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$785,000
Est. payment /mo
4 Beds
4 Baths
2,552 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $307

MLS Listing ID 26856313

Bedrooms 4

HOA Y/N No

Year Built 1936

Lot Size 4,961 Sqft

Property Description

Great opportunity to own a Value-add 4-unit residential income property in a high-demand South Los Angeles rental market, featuring strong upside potential and an owner-user opportunity. The layout consists of 2 detached buildings, front building has two side-by-side, single-level units with private front yards. Rear Building has two upper-level units accessed by stairs. High rental demand with immediate rental growth potential. With one unit delivered vacant, it is suitable for a standard investment or house-hacking owner-occupant. Each unit has a garage (entrance through alley) an separate meters. The entire lot is gated all around, front two units have a grassy area with trees, courtyard between buildings, backs into an alley and is priced to sell! *Bonus Income Potential* Property includes an active commercial billboard. Current lease is being renegotiated. This extra revenue is not included in the current financials. Huge upside potential for the next owner. Don't miss this one, schedule an appointment to see it today. The property is conveniently located minutes from major transportation routes, Downtown LA, USC,Natural History Museum, the California Science Center and the 110 Freeway.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Parking Features None

Pool None

Community Features Gated

Private Pool No

Building

Entry Level One,Two

Sewer Other

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6012013027

Security Features Gated Community

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Claudia Ghazanfary Call It Closed International,Inc #01948331

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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139 W Florence AVE

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