Los Angeles, CA 90003,139 W Florence Avenue
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Los Angeles, CA 90003,139 W Florence Avenue
Los Angeles, CA 90003,139 W Florence Avenue
Los Angeles, CA 90003,139 W Florence Avenue
Los Angeles, CA 90003,139 W Florence Avenue
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$ 850,000
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139 W Florence Avenue Los Angeles, CA 90003

8 Beds

2,552 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $333

MLS Listing ID CL25612227

Bedrooms 8

HOA Y/N No

Year Built 1936

Lot Size 4,960 Sqft

Acres 0.11

Property Sub-Type OTHER

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 $850,000, 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

Zoning LAC2

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 6012013027


Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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139 W Florence Avenue