$900,000

2024 Florence Avenue, Los Angeles 90047

4

Beds

3

Baths

2,091

Square feet

5,109

Lot Size

3

# Of Units

Listing Agent
Shea Nelson - Watkins Realty & Investments

Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.

Facts & Features

MLS® # 25489427
Price $900,000
Bedrooms 4
Bathrooms 3.00
Square Footage 2,091
Lot Size 5,109
Year Built 1950
Type Residential Income
Status Active
# Of Units 3

Community Information

Address 2024 Florence Avenue
Area C36 - Metropolitan Southwest
City Los Angeles
County Los Angeles
Zip Code 90047

Amenities

Parking Assigned
Garages Assigned
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Wood
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Has Basement No
Fireplace No
# of Stories 1
Stories One

School Information

District Los Angeles Unified

Additional Information

Date Listed January 27th, 2025
Days on Market 169
Zoning LAC2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentShea Nelson
OfficeWatkins Realty & Investments

Listing Map

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