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2024 W Florence Avenue

Los Angeles (City), CA 90047
  • $779,900
  • STATUS: Pending
  • ON SITE: 36 Days
  • ID#: EV21238050
Pending
$779,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent: Kay Wachuku of Wrc Realty


Description

Here is your opportunity to invest in a rental property. You can live in one and rent the other two units out. Or you just want to own and milk a life time of income. Property is priced cheap to sell fast. One unit was upgraded about two years ago. The other two units can use mild TLC - just normal wear and tear. All units are fully occupied by long term tenants. Two units are on section 8 guaranteed rent.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122869381
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2024 W Florence Avenue Los Angeles (City), CA 90047

  • Price: $779,900
  • Status: Pending
  • On Site: 36 Days
  • ID#: EV21238050
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1950
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Here is your opportunity to invest in a rental property. You can live in one and rent the other two units out. Or you just want to own and milk a life time of income. Property is priced cheap to sell fast. One unit was upgraded about two years ago. The other two units can use mild TLC - just normal wear and tear. All units are fully occupied by long term tenants. Two units are on section 8 guaranteed rent.
Exterior Features

Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 3600 Fuel Expense 0 Garage YN No Gross Income 45852 Gross Scheduled Income 45852 Insurance Expense 3300 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Net Operating Income 3821 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 1225 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 4800 Water Sewer Expense 3000 Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Kay Wachuku of Wrc Realty