2214 W Florence Avenue

Los Angeles, CA 90043

PRICE REDUCED

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-$50,500 (-4.81%)

$999,500

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1941

calendar_month Built

Property Description

Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.

Listing Information

List Price $999,500
Status Active
MLS 24370953
HOA $0
Type Commercial
Year Built 1941
Lot Size 5,792
Structure Size N/A
DOM 159
Courtesy Of Equity Union
Listing Agent Dan Stueve DRE#01936133
Co-Listing Agent Robert Siegmeth DRE#01105625

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Dan Stueve, Robert Siegmeth, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.