4141 Floral DR Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $377
MLS Listing ID CV24176838
Bedrooms 8
Full Baths 3
Year Built 1953
Lot Size 5,998 Sqft
Property Description
Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front?one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath.
Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control?giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address.
Don?t miss out on this exciting opportunity to invest in East LA!
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2*
Rooms
Ensuite Laundry Outside
Interior
Laundry Location Outside
Heating None
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Outside
Exterior
Garage Driveway
Fence Block
Pool None
Community Features Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available
View Y/N No
View None
Roof Type Shingle,Tile
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Triplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Abraham Lincoln
School District Los Angeles Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Submit
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Submit
Special Listing Condition Standard