2813 W Florence Avenue
Los Angeles, CA 90043

  • 2 beds
  • – baths
  • 1,940 sqft
  • 5,795 sqft lot
  • $564 per sqft
  • 1950 build
  • on site

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.

bridgeMLS logo Listing courtesy of BRIDGE / VIP Real Estate Firm

Last checked: Checking… • Last updated Apr 13, 2024 •

MLS# CRDW24037453 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
2/23/24
Listed / Active BRIDGE $1,095,000
6/5/23
Listed / Active BRIDGE
3/6/23
Listed / Active CRMLS_CA

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Multifamily For Sale

$1,095,000

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Listing provided by broker:

Rafael Alvarado

VIP Real Estate Firm

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This multifamily located in South La, Los Angeles, CA 90043 is currently for sale for $1,095,000. 2813 W Florence Avenue is a 1,940 square foot multifamily with 2 beds and – baths that has been on Estately for 71 days. 2813 W Florence Avenue is in the South La neighborhood of Los Angeles and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of 74 Th Street Elementary School, Horace Mann Middle School, and Crenshaw Senior High School.

bridgeMLS logo Listing courtesy of VIP Real Estate Firm

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 17:27 on May 04.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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