1513 West Florence Avenue

Los Angeles, CA 90047

$575,000
Price
1
Beds
1
Bath
600 Sq. Ft.
$958 / Sq. Ft.
600
Sq. Ft.
$958
per Sq. Ft.

Description

Great development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned LAC2, TOC Tier 1, ED1 Eligible. Adjacent parcel also for sale at 1509 W Florence Blvd. Bringing total lot area to 11,246. Property consists of a single family home. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to verify all information with the city and county zoning and planning for accuracy.Great development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned LAC2, TOC Tier 1, ED1 Eligible. Adjacent parcel also for sale at 1509 W Florence Blvd. Bringing total lot area to 11,246. Property consists of a single family home. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to verify all information with the city and county zoning and planning for accuracy.
  1. Listed by Shamim Khorsand Mashhadi • DRE #02042990 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES

Property Details for 1513 West Florence Avenue

Water Front
None
Zoning
LAC2
Parcel Number
6015034018
Total Units
1.0
Living Area
600
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
0
LISTING UPDATED: 10/07/2024 03:16 PM

Property Details for 1513 West Florence Avenue

StatusActive
MLS #24-404565
Days on Market188
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.15 AC / 6,426 SF
CountyLos Angeles County

Building Information for 1513 West Florence Avenue

Stories1Residences-Year Built-Building Size-Lot Size0.15 AC / 6,426 SF

Property Information for 1513 West Florence Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 1
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: house
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: South
  • Property Condition: Additions/Alter
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $32,400
  • Net Operating Income: $17,213.00
  • Gross Income: $32,400
  • Gross Rent Multiplier: $17.00
  • Total Annual Expense: 15187
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1475
  • Lot Size Square Feet: 6426
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Common Walls: Detached/No Common Walls
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $160,000.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $240,000.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $400,000.00

Property History for 1513 West Florence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1513 West Florence Avenue

Taxable ValueLand$244,800Additions$163,200Total$408,000
Tax Record2024$5,236 ($436 / month)
Home Facts
Beds0Total Finished SqFt600 SqFtAbove Grade Finished SqFt600 SqFtLot Size6,424 SqFtStyleSingle Family ResidenceZoningLAC2CountyLOS ANGELESAPN6015-034-018

Schools near 1513 West Florence Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Raymond Avenue Elementary School
PublicK to 5

George Washington Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1513 West Florence Avenue is a multi-family home for sale in Los Angeles, CA 90047. This property was listed for sale on June 16, 2024 by RE/MAX ESTATE PROPERTIES, it's currently listed at $575,000. It has been on the market for a total of 188 days and was last sold on April 20, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Raymond Avenue Elementary School, ICEF Lou Dantzler Preparatory Academy Charter and Augustus F. Hawkins High A Critical Design And Gaming. 1513 West Florence Avenue is a 1-bed, 1-bath, 600 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Shamim Khorsand Mashhadi, DRE #02042990

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.