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Buy a propertyat 1328 W Florence Avenue, Los Angeles, CA 90044

$850,000

$0/mo

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Multifamily

3,434 Sq. Ft.

4,796 Sq. Ft. lot

7 Bedrooms

0 Bathrooms

308 Days on market

23279539 MLS ID

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About 1328 W Florence Avenue property

FELL OUT OF ESCROW. This is it! The opportunity that you have been looking for!! A great opportunity to own a 4 plex with long-term on time paying tenants. A storage area used by the property owner that can be converted into a rental, must be approved LAHD. Great opportunity to live in one and continue to rent the four. New roof in 2015. Up grade bathroom in the 2 bedroom in 2019. The 3 bedroom new heater in 2023 and new kitchen cabinets 2015. Office with kitchen, bedroom and bath, some furniture can be included, not permitted to rent out, but good for property owner to live in and has it's own meter. Great location, easy access to freeways, minutes away from SoFi Stadium and downtown Los Angeles. INVESTORS, add this property with a 12.75 GRM to your portfolio. Seller is offering $2,000 TOWARD CLOSING COSTS. Don't miss out this great opportunity, this one won t last!
FELL OUT OF ESCROW. This is it! The opportunity that you have been looking for!! A great opportunity to own a 4 plex with long-term on time paying tenants. A storage area used by the property owner that can be converted into a rental, must be approved LAHD. Great opportunity to live in one and continue to rent the four. New roof in 2015. Up grade bathroom in the 2 bedroom in 2019. The 3 bedroom new heater in 2023 and new kitchen cabinets 2015. Office with kitchen, bedroom and bath, some furniture can be included, not permitted to rent out, but good for property owner to live in and has it's own meter. Great location, easy access to freeways, minutes away from SoFi Stadium and downtown Los Angeles. INVESTORS, add this property with a 12.75 GRM to your portfolio. Seller is offering $2,000 TOWARD CLOSING COSTS. Don't miss out this great opportunity, this one won t last!

Property details

Bathrooms

4 total bathrooms

Bedrooms

7 total bedrooms

House

2 total stories

Built in 1938

3,434 sqft living area

3434 total building sqft

Community

Gated

Expenses

Insurance Expense: $2,760

Maintenance Expense: $600

Water Sewer Expense: $2,400

Garage

3 garage spaces

Heating

Wall Furnace

Income

Gross Income: 56452

Net Operating Income: 56452

Listing

Listing ID: 23279539

22 days on market

Listed on 2023-06-12

Location

County: Los Angeles

Lot

4796 sqft

0.1101 acres

Area: 4796

Dimensions: 40x120

Parking

3 total parking spaces

Covered

Driveway

Possession

Close Of Escrow

Property

2 buildings

4 units

Security System

Gated Community

Taxes

New Taxes: $4,412

Tenant Pays

Cable TV

Gas

Monthly cost

Estimated monthly cost

$5,417/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$799,000

+$25,500

$824,500

Seller agent commission$25,500 (3%)*

$0 (0%)

Buyer agent commission$25,500 (3%)*

$25,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 6, 2024 at 4:37 a.m.

Data updated: Jul 24, 2023 at 8:06 p.m.

Property listed by McGhee Realty Group, George Jerry McGhee
Based on information from California Regional Multiple Listing Service, Inc. as of 07/24/2023 and/or other sources. 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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