2813 West Florence Avenue
$989,900
2
3
1,940
1,940
$510
Description
Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6,150 a month with both offices being rented at $2,200 each and $1,750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing...Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6,150 a month with both offices being rented at $2,200 each and $1,750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (1.5mi), LAX airport (5.5mi), and Silicon Beach.
- Listed by Rafael Alvarado • DRE #02094533 • Brokerage DRE #02033877 • VIP Real Estate Firm • 562-205-7372
- Listed by Daniel Terrazas • DRE #02019893 • Brokerage DRE #02033877 • VIP Real Estate Firm
Property Details for 2813 West Florence Avenue
Parking Spaces Total
7
Private PoolNo
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1940
Assessor Parcel Number4008-025-012
Property Attached YNtrue
LISTING UPDATED: 08/27/2024 07:07 AM
Property Details for 2813 West Florence Avenue
Status | Active |
---|---|
MLS # | DW24177901 |
Days on Market | 31 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.13 AC / 5,795 SF |
County | Los Angeles County |
Building Information for 2813 West Florence Avenue
Stories1Residences-Year Built1950Building Size-Lot Size0.13 AC / 5,795 SF
Property Information for 2813 West Florence Avenue
Property History for 2813 West Florence Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2813 West Florence Avenue
Taxable ValueLand$520,200Additions$260,100Total$780,300
Tax Record2023$9,699 ($808 / month)
Home Facts
Total Finished SqFt1,940 SqFtAbove Grade Finished SqFt1,940 SqFtStories1Lot Size5,793 SqFtStyleOffice BuildingYear Built1950ZoningLAC2CountyLOS ANGELESAPN4008-025-012
Schools near 2813 West Florence Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Seventy-Fourth Street Elementary School PublicK to 5 | ||
Alliance Leadership Middle Academy Charter6 to 8 | ||
Alliance Renee And Meyer Luskin Academy High School Charter9 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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