2114 W Florence Avenue, Los Angeles, CA 90047

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2114 W Florence Avenue,Los Angeles, CA 90047
$699,990
  • - Beds
  • - Baths
  • 1,166 sq. ft.
  • Multi-family
  • Active
Listed by: mazdak sarehkhani
Office: mazdak sarehkhani
MLS#:SR25170709
Source:CRMLS

Price summary

  • Price:$699,990
  • Price per sq. ft.:$600.33

About this home

$81,400 annual income potential with ACTUAL INCOME OF $78,600 with GOVERNMENT VOUCHER TENANTS in place (all expect one tenant). This QUAD is great addition for any buyer/ investors who would like to have a positive cash flow from day way. ZONED FOR A MOTEL- BUYER TO VERIFY! The units are THREE studios and ONE - 1 bedroom 1 with all of them being updated/ remodeled except one with which has the longest staying tenant. All month to month tenants except one and 3 of them are due for a rent increase. Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750, $1600, and $950 for each studio and $1850 for the 1 bedroom (all section 8 or other government granted vouchers except the$950 paying tenant who's a traditional tenant. In addition, the 3 parking spots in the back are rented out to a separate entity at $400/ month with a 1 year lease agreement (8

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Home facts

  • Year built:1955
  • Listing ID #:SR25170709
  • Added:124 day(s) ago
  • Updated:December 01, 2025 at 11:43 AM

Rooms and interior

  • Living area:1,166 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:1,166 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,990
  • Price per sq. ft.:$600.33
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