Price Reduction
Address
3305 W Florence Avenue Los Angeles, CA
Price
$ 1,500,000
Property Attributes
  • MLS#DW20184716
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90043
  • StyleMulti Family
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6924
Listing Provided Courtesy Of:
Lluvia Martinez with Executives Group Real Estate.
Property Description

Great Investment Property. Increase your investment portfolio with 8 units Great Rental Income in the greater Los Angeles Area. 8 Gas Meters and 8 Electricity Meters. Property located in a convenient area perfect for tenants to commute. Property currently holds 5 tenants under section 8. All rents are current. Conveniently located within walking distance to shopping centers, grocery stores, restaurants, coffee shops, banks, parks, gas stations, Metro Line, schools, museums. Easy access to major freeways. Gated, newer Roof and well maintained property with low maintenance and long-term tenants. 1031 Exchange welcome!!. Great investment property for any investor. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS! Listing info deemed reliable, but not guaranteed. No warranties expressed or implied.

Price History
9/5/2020 Listed $1,600,000
11/26/2020 7% - $1,500,000

General Features

Current Financing Conventional
Directions Florence Ave & Crenshaw Blvd
Listagentaor Downey
Listing Agent Lluvia Martinez - BRE#01719643
Listing Agent State License 01719643
MLS Area C34 - Los Angeles Southwest
Number of Units Leased 8
Price Per Square Foot 216.64
Property SubType Multi Family
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Total Units 8
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning LAC2

Interior Features

Condo Area Unit Type Square Feet
Laundry Features Common Area, Community, Individual Room
Total Stories 2

Exterior Features

Building Area Total 6924.00
Land Use Multi-Family
Lot Size Source Assessor
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90043

Price
AVG $300K
$1.5M
Visits
AVG 54
47
Year Built
AVG 1964
1964
Walkscore
AVG 76
78
Data Provided by Walkscore ® not using MLS data

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