2114 W Florence AVE Los Angeles, CA 90047
2,552 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR25170709
HOA Y/N No
Year Built 1955
Lot Size 2,552 Sqft
Property Sub-Type Quadruplex
Property Description
This QUAD is great addition for any buyer/ investors who would like to have a positive cash flow from day way. ZONED FOR A MOTEL- BUYER TO VERIFY!
The units are THREE studios and ONE - 1 bedroom 1 with all of them being updated/ remodeled except one with which has the longest staying tenant. All month to month tenants except one and 3 of them are due for a rent increase.
Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750, $1600, and $950 for each studio and $1850 for the 1 bedroom (all section 8 or other government granted vouchers except the$950 paying tenant who's a traditional tenant. In addition, the 3 parking spots in the back are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go).
A TOTAL OF $6500 monthly income or $78,30000/ annual income (including the parking's income).
You wont find a more secured and better investment than this!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAC2
Interior
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
Total Parking Spaces 3
Private Pool No
Building
Lot Description Walkstreet
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6017004004
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 9
Wilder's Preparatory Academy Charter
Public | KG - 5
- 8
Global Education Academy
Public | KG - 5
- 7
Huerta Elementary
Public | PK - 5
- 7
New Heights Charter
Public | KG - 8
- 7
Aspire Juanita Tate Academy
Public | KG - 6
- 6
Moffett Elementary
Public | PK - 5
- 6
Kipp Empower Academy
Public | KG - 4
- 6
Menlo Avenue Elementary
Public | KG - 5
- 6
Watts Learning Center
Public | KG - 5
- 5
Jefferson Elementary
Public | KG - 5
- 5
Kipp Academy of Opportunity
Public | 5 - 8
- 5
74th Street Elementary School
Public | KG - 5
- 5
Kipp Scholar Academy
Public | 5 - 8
- 5
La Salle Avenue School
Public | KG - 5
- 5
Dr. Theo. T. Alexander Jr., Science Center
Public | KG - 5
- 5
Accelerated
Public | KG - 8
- 5
Accelerated Elementary Charter
Public | KG - 6
- 4
W. Claude Hundall Elementary School
Public | KG - 6
- 4
Windsor Hills Elementary
Public | KG - KG
- 4
Centinela Elementary School
Public | KG - 6
- 8
Wilder's Preparatory Academy Charter Middle School
Public | 6 - 8
- 6
Environmental Charter Middle - Inglewood
Public | 6 - 7
- 6
Alliance Ouchi-O'Donovan 6-12 Complex
Public | 6 - 12
- 6
Alliance College-Ready Middle Academy No. 4
Public | 6 - 8
- 5
Century Community Charter
Public | 6 - 8
- 4
Foshay Learning Center
Public | 6 - 12
- 2
Grace Hopper STEM Academy
Public | 6 - 8
- 2
Albert F. Monroe Elementary School
Public | 6 - 8
- 2
Bethune Middle School
Public | 7 - 8
- 1
Crozier Elementary School
Public | 7 - 8
- 1
Icef Inglewood Middle Charter Academy
Public | 6 - 8
- 1
Audubon Middle School
Public | 6 - 8
- 1
View Park Preparatory Accelerated Charter Middle School
Public | 6 - 8
- 1
Century Academy for Excellence
Public | 6 - 8
- 1
Horace Mann Junior High School
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- 1
Barack Obama Global Preparation Academy
Public | 6 - 8
- 1
John Muir Middle School
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- 1
Bret Harte Preparatory
Public | 6 - 8
- 1
William Jefferson Clinton Middle School
Public | 6 - 8
- 1
Samuel Gompers Middle School
Public | 6 - 8
- 9
Lennox Mathematics, Science and Technology Academy
Public | 9 - 12
- 9
Animo Leadership High School
Public | 9 - 12
- 8
Animo Inglewood Charter High School
Public | 9 - 12
- 8
Middle College High School
Public | 9 - 12
- 8
Wallis Annenberg High School
Public | 9 - 12
- 8
Alliance College-Ready Academy High No. 5
Public | 9 - 12
- 7
City Honors College Preparatory Charter
Public | 9 - 12
- 7
Alliance Judy Ivie Burton Technology Academy High School
Public | 9 - 12
- 7
Animo Jackie Robinson High School
Public | 9 - 12
- 6
Crenshaw Arts-Technology Charter High School
Public | 9 - 12
- 5
View Park Preparatory Accelerated High School
Public | 9 - 12
- 5
Alliance Renee and Meyer Luskin Academy High School
Public | 9 - 12
- 5
Animo South los Angeles Charter
Public | 9 - 12
- 2
Augustus F. Hawkins High School - Critical Design and Gaming
Public | 9 - 12
- 1
Inglewood High School
Public | 9 - 12
- 1
Morningside High School
Public | 9 - 12
- 1
Crenshaw Magnet High School
Public | 9 - 12
- 1
Executive Preparatory Academy of Finance
Public | 9 - 12
- 1
George Washington Prep High School
Public | 9 - 12
- 1
Manual Arts High School
Public | 9 - 12
