6818 Florence Place

FOUR BRAND-NEW TOWNHOME-STYLE RESIDENCES — IDEAL FOR INVESTORS OR OWNER-OCCUPANTS. Delivered 100% vacant, this newly constructed 4-unit property offers immediate flexibility to lease at full market rents or occupy one unit while generating income from the others. The front structure features two spacious 3-bedroom, 2.5-bath units (approx. 1,100 sq ft each) with attached 1-car garages, while the rear of the property includes two detached 3-bedroom, 2-bath ADUs (approx. 1,000 sq ft each) with uncovered parking. All residences are two-story, ground-level townhome layouts, designed with primary bedrooms on the first floor and laundry upstairs—a highly desirable configuration for today’s renters. Each unit is equipped with central A/C, tankless water heaters, and modern, energy-efficient systems, including solar panels. The property is fully electric, featuring four separate electric meters (tenants pay electricity) and one shared water meter (owner pays water/trash), helping keep operating expenses efficient and predictable. Contemporary finishes and low-maintenance construction further enhance long-term value. Located near the 710 and 5 freeways, the property offers convenient access to shopping, schools, parks, and employment centers, with Downtown Los Angeles just minutes away. The rare 3-bedroom layouts cater strongly to families and long-term tenants, supporting consistent rental demand. For owner-occupants, this property presents an exceptional opportunity to live in one unit while rental income from the others helps offset housing costs—a smart path to ownership and long-term wealth creation. A rare opportunity to acquire a brand-new, turnkey multifamily asset in a strong Southern California rental market.