4141 Floral Drive

Los Angeles, CA 90063

$895,000
Price
8
Beds
3
Baths
2,370 Sq. Ft.
$378 / Sq. Ft.
2,370
Sq. Ft.
$378
per Sq. Ft.

Description

Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath.
Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical
...Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath.
Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address.
Don’t miss out on this exciting opportunity to invest in East LA!

Listing Agent

  1. Daisy Diaz

    Daisy Diaz

    Listing Agent

    Compass

    DRE #02028188

    daisy.diaz@compass.com

    P: (909)-551-5567

Property Details for 4141 Floral Drive

Architectural Style
Spanish
View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 11/14/2024 07:35 AM

Property Details for 4141 Floral Drive

StatusActive
MLS #CV24176914
Days on Market97
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1953
Lot Size0.14 AC / 5,999 SF
CountyLos Angeles County

Building Information for 4141 Floral Drive

Stories1Residences-Year Built1953Building Size-Lot Size0.14 AC / 5,999 SF

Property Information for 4141 Floral Drive

Rental Info
Rental Info
  • Tenant Pays: Electricity, Grounds Care, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $36,498
  • Gross Scheduled Income: $53,400
  • Net Operating Income: $36,498
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Other Income 1: $0
Expense Details
  • Operating Expense: $1,690
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,844
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $1,690
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 4607
  • Tax Census Tract: 5310.00
  • CFD/Mello-Roos Fee: $1,205
  • Tax Lot: 25
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Refrigerator
  • Equipment: Refrigerator, Gas Range
  • Room Type: Entry, Kitchen, Living Room
  • Main Level Bathrooms: 8
  • Main Level Bedrooms: 8
  • Room Bathroom Features: Bathtub, Shower in Tub
  • Bedroom Features: All Bedrooms Down
  • Eating Area: Area, In Kitchen
  • Laundry: Yes
  • Laundry Features: Outside
  • Laundry Location: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Roof: Shingle, Spanish Tile
  • Entry Location: Front
  • Fence: Yes
  • Fencing: Block
  • Structure Type: Triplex
  • View Description: None
  • Patio: Yes
  • Patio: N/K
  • Patio And Porch Features: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Direction Faces: South
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Private Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Other
  • Electric: Other
  • Water Source: Public
Parking Info
  • Number Remotes: 0
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Shared Driveway
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Shared Driveway
Property / Structure Info
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0

Property History for 4141 Floral Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4141 Floral Drive

Taxable ValueLand$258,595Additions$137,679Total$396,274
Tax Record2024$6,086 ($507 / month)
Home Facts
Total Finished SqFt2,370 SqFtAbove Grade Finished SqFt2,370 SqFtLot Size5,999 SqFtStyleDuplexYear Built1953ZoningLCR2*CountyLOS ANGELESAPN5226-042-029

Schools near 4141 Floral Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William R. Anton Elementary School
PublicK to 6

Animo Ellen Ochoa Charter Middle
Charter6 to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4141 Floral Drive is a townhouse for sale in Los Angeles, CA 90063. This property was listed for sale on August 26, 2024 by Compass, it's currently listed at $895,000. It has been on the market for a total of 97 days and was last sold on August 23, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include William R. Anton Elementary School, Animo Ellen Ochoa Charter Middle and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 4141 Floral Drive is a 8-bed, 3-bath, 2,370 sqft townhouse built in 1953.

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 Compass, Daisy Diaz, DRE #02028188

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.