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$1,095,000
2 bed
3 bath
0 Sqft
5,795 Sqft lot

2813 W Florence Avenue, Los Angeles, California 90043

  • Residential Income Property Type
  • 86 Days Time on market
  • 1950 Year Built
Property 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 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.

Basic Details
Residential Income
Buy
DW24037453
$1,095,000
2
3
0 Sqft
1950
5,795 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Sidewalks, Street Lights
7
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90043
2813 W Florence Avenue
2813
Avenue
0
W119° 40' 33''
N33° 58' 29.5''
W
Additional Information
86
1
1
1
: One
2
1,940 Sqft
1
0 Sqft
0 Sqft
0.13 Sqft
5,795 Sqft
1
: 2+ Common Walls
0 Sqft
LAC2
4008025012
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
23/02/2024 08:59:22
$0
: Standard
Cash,Conventional,Submit
florence and 7th ave
Destrahan
Harry Hurst
VIP Real Estate Firm
Rafael Alvarado
DWCBV
DWALVRAF
$0
6
1
: Item01unitacre
1
1
: Square Feet
1
2
3
3
1
3
7
13
73800
US-06037-N-4008025012-R-N
MixedUse
01/03/2024 02:05:42
Florence
PHHT - Park Hills Heights
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