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$895,000
8 bed
3 bath
2,370 Sqft
5,999 Sqft lot

4141 Floral Drive, Los Angeles, California 90063

  • Residential Property Type
  • 18 Days Time on market
  • $378 Price per sqft
  • 1953 Year Built
Property 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 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!

Basic Details
Residential
Buy
CV24176838
$895,000
8
3
2,370 Sqft
1953
5,999 Sqft
Active
Triplex
Multi-family
Features
: Wall/window Unit(s)
: Block
: Refrigerator, Gas Range
: Spanish
: Sidewalks
0
$0
: Shingle, Tile
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90063
4141 Floral Drive
4141
Drive
0
W119° 49' 24.2''
N34° 2' 40''
Additional Information
18
1
1
1
3
: One
1
: Outside
0
0 Sqft
1
0 Sqft
0 Sqft
: Estimated
: Allbedroomsdown
0.14 Sqft
5,999 Sqft
1
: 1 Common Wall
0 Sqft
LCR2*
5226042029
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
27/08/2024 12:21:31
$0
: Standard
Cash,CashtoExistingLoan,CashtoNewLoan,Conventional
Left onto N Ford Blvd, Left onto Floral Dr.
Abraham Lincoln
Compass
Daisy De La Parra
2909
CV40715
$0
0
1
1
: Item01unitacre
1
: Triplex
: Electricity Available, Sewer Available, Natural Gas Available
1
yes
1
: Square Feet
2
1
1
25
1
US-06037-N-5226042029-R-N
Triplex
27/08/2024 19:38:41
Floral
ELA - East Los Angeles
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