Fantastic investment opportunity to own 8 unit building in south Los Angeles. The property is conveniently located on the corner of Florence Ave and walking distance to restaurants and shopping. Property features upstairs and downstairs units, 5 of the units are open one bedroom studios and the remaining 3 units feature one bedroom one bath. Property is gated in the front creating a beautiful courtyard and rooftop balcony for entertaining or relaxation for all tenants. Location is close to LAX airport, SoFi Stadium, Kia Forum and 13 miles from the coastline and beach. Potential upside via renovations to maximize long term investment.
Property Details
Price:
$1,500,000
MLS #:
SR25000826
Status:
Active
Baths:
0
Address:
7111 Cimarron Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Dec 14, 2024
State:
CA
ZIP:
90047
Year Built:
1956
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Electric
Electricity – On Property
Fencing
Brick, Wrought Iron
Parking Spots
2.00
Roof
Flat, Shingle
Security Features
Window Bars
Stories Total
2
Water Source
Public
Financial
Taxes
$5,194
Utilities
Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Map
Contact Us
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7111 Cimarron Street
Los Angeles, CA
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