1328 West Florence Avenue Los Angeles, CA $ 850,000
1328 West Florence Avenue
$ 850,000
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1328 West Florence Avenue

Los Angeles, CA, 90044
$ 850,000
Baths0.0 Sq 3,434

Monthly Estimate*

$ 5,938

1328 West Florence Avenue, Los Angeles, CA 90044 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $850,000. This 3,434 square foot home was built in 1938 on a lot size of 0.11.

FELL OUT OF ESCROW. This is it! The opportunity that you have been looking for!! A great opportunity to own a 4 plex with long-term on time paying tenants. A storage area used by the property owner that can be converted into a rental, must be approved LAHD. Great opportunity to live in one and continue to rent the four. New roof in 2015. Up grade bathroom in the 2 bedroom in 2019. The 3 bedroom new heater in 2023 and new kitchen cabinets 2015. Office with kitchen, bedroom and bath, some furniture can be included, not permitted to rent out, but good for property owner to live in and has it's own meter. Great location, easy access to freeways, minutes away from SoFi Stadium and downtown Los Angeles. INVESTORS, add this property with a 12.75 GRM to your portfolio. Seller is offering $2,000 TOWARD CLOSING COSTS. Don't miss out this great opportunity, this one won t last!

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Multi-Family Pending

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.11

Year Built

1938

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023300837

Features
General
Heating Wall Furnace
Possession Close of Escrow
Zoning LAC2
Security Features Gated Community
Year Built 1938
Tenant Pays Cable TV Gas
County Los Angeles
Net Operating Income 56452.0
New Construction No
Property Type C
HOA / Comm Assn No
Facing Direction North
Status Pending
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C36 - Metropolitan Southwest
Lot Size Square Feet 4796.0
Street Name Florence
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Parking Features Covered Driveway
Lot Size Area 4796.0
Building Area Total 3434.0
Lot Dimensions 40x120
Lot Size Acres 0.11
Lot Size Units Square Feet
Lot Size Source Assessor
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
George Jerry McGhee

Listing Agent

Mcghee Realty Group

Broker

Affordability Calculator

$5,938
Per Month
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Monthly Principal & Interest
$5,938
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2023$850,000 Listed Price

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1328 West Florence Avenue, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $850,000 with 3,434 sqft and a lot size of 0.11. 1328 West Florence Avenue is a studio with 0.0 baths and was built in 1938. The property's zip code is 90044 which is in Los Angeles, CA