• 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/3ed58ee7-27cb-4407-a5ce-59e6530a1123.jpg
  • 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/f03b8025-1d2c-48ca-8da2-e2e2d4f78385.jpg
  • 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/5ce33330-0c1e-44c5-bb99-7e9fcc82167f.jpg
  • 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/fa01c54a-4176-4797-9c1e-007bb956de04.jpg
  • 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/75a696e2-2bec-4ff0-aa6d-9bacb042c524.jpg
  • 2114 W Florence Avenue, Los Angeles CA: https://media.crmls.org/medias/3a4285d4-ee53-43bb-8f67-8ff4f1847987.jpg

2114 W Florence Avenue, Los Angeles, CA 90047

| 1,166 SQ/FT

Offered at $729,000

This QUAD is great for an FHA buyer who can live in the VACANT STUDIO while renting out the other 3 units. It provides a great income for any home buyer or investors who would like to have a positive cash flow from day way. POSSIBLY ZONED FOR A MOTEL- BUYER TO CONFIRM! The units are THREE studios and ONE - 1 bedroom 1 bath with one of the STUDIO's BEING DELIVERED VACANT! Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go). A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income. This wont last so submit your offer today!