Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.
Property Details
Price:
$999,500
MLS #:
24370953
Status:
Active
Baths:
0
Address:
2214 W Florence Avenue
Type:
Commercial
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Mar 21, 2024
State:
CA
ZIP:
90043
Year Built:
1941
Schools
Interior
Heating
None
Exterior
Parking Spots
8.00
Roof
Flat
Security Features
Smoke Detector(s), Carbon Monoxide Detector(s)
Stories Total
1
Water Source
Public
Financial
Map
Contact Us
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 2214 W Florence Avenue
Los Angeles, CA
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