FOR SALE
$1,095,000

2813 W Florence Avenue
Los Angeles, CA 90043

Multi-Family
Residential
2
Beds
1,940
Sq. Ft.
0.13
Acre Lot
Courtesy: Rafael Alvarado - VIP Real Estate Firm; Email: [email protected]
Agent Websites> California> Los Angeles> 90043
Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6,150 a month with both offices being rented at $2,200 each and $1,750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (1.5mi), LAX airport (5.5mi), and Silicon Beach.
CRDW24037453
Multi-Family, Other
2
Los Angeles
1950
0.13 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Rafael Alvarado - VIP Real Estate Firm; Email: [email protected]

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