Homes for sale - 139 W Florence AVE, Los Angeles, CA 90003

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Gregorio Real Estate Group- Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 895,000

Est. payment | -/mo

8 Beds

4 Baths

2,552 SqFt

Save

$ 895,000

Est. payment | -/mo

Save

8 Beds

4 Baths

2,552 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $350

MLS Listing ID 25529177

Bedrooms 8

HOA Y/N No

Year Built 1936

Lot Size 4,961 Sqft

Property Description

We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing! Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA, the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $895,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6012013027

Special Listing Condition Standard

Listed by Casey Lins • Kidder Mathews of California, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

139 W Florence AVE Los Angeles, CA 90003