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    3305 W Florence Avenue

    Los Angeles (City), CA 90043
    • $1,600,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: DW20187786
    UPDATED: 62 min ago
    $1,600,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,924
      SQFT
    • $231
      $/SQFT
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Great Investment Property. Increase your investment portfolio with 8 units Great Rental Income in the greater Los Angeles Area. 8 Gas Meters and 8 Electricity Meters. Property located in a convenient area perfect for tenants to commute. Property currently holds 5 tenants under section 8. All rents are current. Separate laundry room on premises for potential extra income, Conveniently located within walking distance to shopping centers, grocery stores, restaurants, coffee shops, banks, parks, gas stations, Metro Line, schools, museums. Easy access to major freeways. Gated, newer Roof and well maintained property with low maintenance and long-term tenants. 1031 Exchange welcome!!. Great investment property for any investor. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS. Listing info deemed reliable, but not guaranteed. No warranties expressed or implied.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109858056
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    3305 W Florence Avenue Los Angeles (City), CA 90043

    • Price: $1,600,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: DW20187786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,924
    SQFT
    $231
    $/SQFT
    1964
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Great Investment Property. Increase your investment portfolio with 8 units Great Rental Income in the greater Los Angeles Area. 8 Gas Meters and 8 Electricity Meters. Property located in a convenient area perfect for tenants to commute. Property currently holds 5 tenants under section 8. All rents are current. Separate laundry room on premises for potential extra income, Conveniently located within walking distance to shopping centers, grocery stores, restaurants, coffee shops, banks, parks, gas stations, Metro Line, schools, museums. Easy access to major freeways. Gated, newer Roof and well maintained property with low maintenance and long-term tenants. 1031 Exchange welcome!!. Great investment property for any investor. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS. Listing info deemed reliable, but not guaranteed. No warranties expressed or implied.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common AreaCommunityIndividual Room

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Current Financing Conventional Electric Expense 1644.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 118128.00 Gross Scheduled Income 118128.00 Insurance Expense 3456.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Licenses Expense 62.00 Net Operating Income 80342.00 New Construction YN No New Taxes Expense 20000.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 37786.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 9844.00 Total Expenses 37786.00 Trash Expense 2952.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 9672.00 Water Source Public Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Lluvia Martinez of Executives Group Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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