Rafael Alvarado
This listing was posted on RealtyWW.
$989,900
W Florence Ave, Los Angeles, Home For Sale
Price:
$989,900
BR/BA:
2 BR, 3 BA
Location:
2813 W Florence Ave, Los Angeles, CA
Description:
Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6, 150 a month with both offices being rented at $2, 200 each and $1, 750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (1.5mi), LAX airport (5.5mi), and Silicon Beach.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i75522462
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More About this Listing: W Florence Ave, Los Angeles, Home For Sale
W Florence Ave, Los Angeles, Home For Sale is a Two Bedroom 3.5 Bath Single-Family Homes for Sale at 2813 W Florence Ave in Los Angeles CA. Find other listings like W Florence Ave, Los Angeles, Home For Sale and listings near 2813 W Florence Ave by searching Oodle Classifieds for Two Bedroom 3.5 Bath Single-Family Homes for Sale in Los Angeles CA.
W Florence Ave, Los Angeles, Home For Sale is a Two Bedroom 3.5 Bath Single-Family Homes for Sale at 2813 W Florence Ave in Los Angeles CA. Find other listings like W Florence Ave, Los Angeles, Home For Sale and listings near 2813 W Florence Ave by searching Oodle Classifieds for Two Bedroom 3.5 Bath Single-Family Homes for Sale in Los Angeles CA.