1312 W Florence Ave, Los Angeles, CA 90044

Property Description:

4 unit apartment building centrally located real estate investment opportunity located near the Staples Center and the new LA Rams stadium. This property offers a unique mix of (1) 3bd/2ba & (3) 1bd/1ba units that are 100% occupied with month to month tenants. The property is zoned for LAC2 and sits on 4,795 sqft lot. The owner is currently operating the property as a 4 unit but assessors shows 6 units. The new owner will have the opportunity to take advantage of the true upside potential through rental increases and capital improvements.

Property type: Multi Family Residence

MLS#: 20-542254

# of units: 4

Bed/Bath: 3 x 1bed/1bath + 1 x 3bed/2bath

Sqft: 2900

Listing price: $670,000

Sold price: $670,000

Lot Size: 4796

DOM: 90

Year Sold: 2020