$799,000
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 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 one unit delivered vacant ideal for an owner-user or to lease at market rent.Offered at an attractive price of $799,000, 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.
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Listed by Casey Lins with Kidder Mathews of California, Inc. (858) 369-3010
Property Type
Residential Income
Status
Active
MLS Number
26810567
Year Built
1936
Lot Size
4,961 sq ft