2114 W Florence Avenue, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2114 W Florence Avenue,Los Angeles, CA 90047
$689,000
- 1 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: mazdak sarehkhani
Office: mazdak sarehkhani
MLS#:CRSR25170709
Source:Bay East, CCAR, bridgeMLS
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Price summary
- Price:$689,000
About this home
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. BUYER TO VERIFY all information. 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. 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 months to go). A TOTAL OF $6500 monthly income or $78,300/ annual income (including the parking's income). You wont find a more secured and better investment than this!
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Home facts
- Year built:1955
- Listing ID #:CRSR25170709
- Added:269 day(s) ago
- Updated:April 17, 2026 at 05:35 AM
Rooms and interior
- Bedrooms:1
Structure and exterior
- Year built:1955
- Architectural Style:Quadruplex
Finances and disclosures
- Price:$689,000
Features and amenities
- Laundry features:No Hookups
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