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$ 895,000
Est. payment | /mo
8 Beds
4 Baths
2,552 SqFt
$ 895,000
Est. payment | /mo
8 Beds
4 Baths
2,552 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,552 sqft
Price per Sqft $350
MLS Listing ID 25529177
Bedrooms 8
HOA Y/N No
Year Built 1936
Lot Size 4,961 Sqft
Property Description
We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing! Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA, the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $895,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6012013027
Special Listing Condition Standard
Listed by Casey Lins • Kidder Mathews of California, Inc.
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