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2813 W Florence Avenue Los Angeles, CA $ 1,095,000
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$ 1,095,000 Get more info
2813 W Florence Avenue
$ 1,095,000
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2813 W Florence Avenue

Los Angeles, CA, 90043
$ 1,095,000
Bedrooms2 Baths3.0 Sq 1,940

Monthly Estimate*

$ 7,278

Listed by VIP Real Estate Firm
2813 W Florence Avenue, Los Angeles, CA 90043 - Image 1
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2813 W Florence Avenue, Los Angeles, CA 90043 - Image 4
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2813 W Florence Avenue, Los Angeles, CA 90043 - Image 9
2813 W Florence Avenue, Los Angeles, CA 90043 - Image 10
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2813 W Florence Avenue, Los Angeles, CA 90043 - Image 12
2813 W Florence Avenue, Los Angeles, CA 90043 - Image 13
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2813 W Florence Avenue, Los Angeles, CA 90043 - Image 20
2813 W Florence Avenue, Los Angeles, CA 90043 - Image 21

Multi-Family Home for sale in Los Angeles, CA

for $1,095,000 with 2 bedrooms and 3 full baths. This 1,940 square foot home was built in 1950 on a lot size of 0.133.

Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6,150 a month with both offices being rented at $2,200 each and $1,750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (1.5mi), LAX airport (5.5mi), and Silicon Beach.

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Multi-Family Active

Price

$ 1,095,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.133

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24037453

Days on Market

112
Features
General
Sewer PublicSewer
Zoning LAC2
Garage Spaces 2.0
Pool Features None
Year Built 1950
Stories 1
Levels One
Property SubType MixedUse
Gross Income 73800.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions florence and 7th ave
City Los Angeles
Entry Location front
View Y/N N
Senior Community Y/N N
Open Parking Spaces 5.0
NumberOfUnitsTotal 3
MLS Area PHHT - Park Hills Heights
Lot Size Units SquareFeet
Lot Size Square Feet 5795.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Florence
Listing Terms Cash Conventional Submit
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 6
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 13
Property Sub Type Additional MixedUse
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 7.0
Lot Size Area 5795.0
Number of Buildings 2
Spa N
Building Area Total 1940.0
Street Suffix Avenue
Lot Size Acres 0.133
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2813
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* Excluded Features
List By
Vip Real Estate Firm

Broker

(562) 205-7372

Phone

Affordability Calculator

$7,278
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,278
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% 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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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/23/2024$1,095,000 Listed Price

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2813 W Florence Avenue, Los Angeles, CA, 90043 is a Multi-Family Home for sale at $1,095,000 with 1,940 sqft and a lot size of 0.133. 2813 W Florence Avenue has 2 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 90043 which is in Los Angeles, CA

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