Los Angeles, CA 90003,139 W Florence Ave
Los Angeles, CA 90003,139 W Florence Ave
Los Angeles, CA 90003,139 W Florence Ave
7
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$850,000
Est. payment /mo
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8 Beds
4 Baths
2,552 SqFt
New

139 W Florence Ave Los Angeles, CA 90003

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $333

MLS Listing ID 25612227

Bedrooms 8

Year Built 1936

Lot Size 4,960 Sqft

Acres 0.1139

Property Sub-Type Multi-Family

Property Description

We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing! Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA, the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $850,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Garage - 4+ Car, Garage Is Attached

Garage Spaces 4.0

Building

Lot Description Single Lot

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Derek Johnson

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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139 W Florence Ave