Active
2214 W Florence Avenue
Los Angeles CA, 90043
$999,500
$399.80 per sqft
Active
2,500 sqft
Commercial
Built in 1941
Listed by Dan Stueve with Equity Union 310-595-5875
Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.
24370953
MLSⓇ ID
March 21, 2024
Listed
November 22, 2024
Updated
Map
2214 W Florence Avenue
Los Angeles CA, 90043
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.13 Acres
Roof
Flat
Other Property Details
Area Name
PHHT - Park Hills Heights
Days on Market
159
Garage
No
Parking Total
8
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAC2
Listing History
Date | Event | Price |
|---|---|---|
8/27/2024 | Price change | $999,500 -5% |
Listing Contact: 424-600-7620
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 5:45 PM UTC