1122 W. Florence Ave., Los Angeles, CA 90044

PENDING
  • $1,225,000
  • 1+ Years on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
  • 6,910 sq ft
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Description

We are pleased to present for sale this eight (8) unit investment opportunity at 1116-1122 West Florence Avenue. The subject property is located in the Vermont Knolls neighborhood in Los Angeles. The property was built in 1957 and has an excellent unit mix of three (3) one bedroom/one bath units, two (2) two bedroom/two bath units and three (3) three bedroom/two bath units. Located in Vermont Knolls, this property is conveniently located near major freeways, local businesses and is in close vicinity to the Hollywood Park Redevelopment. This two building offering is situated on a 12156 Sq. Ft., lot and features an on-site laundry facility and a spacious parking lot. This property provides an opportunity for an investor to instantly attain a strong cash flow with the potential to raise rents and increase value.

  • MLS ID# 15-951575
  • Year Built: 1957
  • 1+ Years on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Parking
Parking Space (8)
Heating
Wall Furnace Heat

Local Info

Population
83,391
Median Household Income
$29,758
Median Years In Residence
8
Median Homeowner Age
25
Households with Children
68.51%
Percent of Homes Rented
61.81%

Nearby Elementary Schools

924 W 70th St
7511 Raymond Ave
7511 Raymond Ave

Nearby Primary Schools

8621 Baring Cross St

Nearby Middle Schools

924 W 70th St
7901 S Vermont Ave
5929 S Vermont Ave

Nearby High Schools

7901 S Vermont Ave
825 W 60th St
825 W 60th St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Marcus & Millichap
(310) 909-5500
Listing Agent: Noah Tillipman

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