CA > Los Angeles
Los Angeles, CA 90047,2114 W Florence Avenue
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Los Angeles, CA 90047,2114 W Florence Avenue
Los Angeles, CA 90047,2114 W Florence Avenue
Los Angeles, CA 90047,2114 W Florence Avenue
Los Angeles, CA 90047,2114 W Florence Avenue
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Mazdak Sarehkhani • Mazdak Sarehkhani
$ 699,990
Est. payment /mo
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Active

2114 W Florence Avenue Los Angeles, CA 90047

1,166 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,166 sqft

Price per Sqft $600

MLS Listing ID CRSR25170709

HOA Y/N No

Year Built 1955

Lot Size 2,553 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

$81,400 annual income potential with ACTUAL INCOME OF $78,600 with GOVERNMENT VOUCHER TENANTS in place (all expect one tenant). This QUAD is great addition for any buyer/ investors who would like to have a positive cash flow from day way. ZONED FOR A MOTEL- BUYER TO VERIFY! The units are THREE studios and ONE - 1 bedroom 1 with all of them being updated/ remodeled except one with which has the longest staying tenant. All month to month tenants except one and 3 of them are due for a rent increase. Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750, $1600, and $950 for each studio and $1850 for the 1 bedroom (all section 8 or other government granted vouchers except the$950 paying tenant who's a traditional tenant. In addition, the 3 parking spots in the back are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go). A TOTAL OF $6500 monthly income or $78,30000/ annual income (including the parking's income). You wont find a more secured and better investment than this!

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Other

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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