2024 W Florence AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90047
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
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
Heating Wall Furnace
Flooring Wood
Laundry None
Exterior
Parking Features Assigned
Pool None
Building
Story 1
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard