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$ 900,000
Est. payment /mo
Active
2024 W Florence AVE Los Angeles, CA 90047
5 Beds
3 Baths
2,091 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,091 sqft
Price per Sqft $430
MLS Listing ID 25489427
Bedrooms 5
HOA Y/N No
Year Built 1950
Lot Size 5,109 Sqft
Property Description
Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Wood
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Pool None
Accessibility None
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6017003006
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Listed by Shea Nelson • Watkins Realty & Investments
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