Property listed by VK LUXURY REAL ESTATE, Varinder Kumar Luhanibal 562-418-0998
$865,000
Prime investment opportunity in the heart of Florence, South Los Angeles. This well-maintained 4-unit multifamily property, built in 1960, offers approximately 3,128 square feet of living space on a 4,001 square foot lot. The building is fully occupied with all units on month-to-month tenancies, providing flexibility for future ownership.
The property… Read More features a two-story wood and stucco construction, a functional front-entry layout, and a well-kept exterior. Parking includes two enclosed garages along with additional open spaces, totaling approximately five parking spots.
Sold with tenants in place. Conveniently located near major freeways, local amenities, and ongoing development throughout South Los Angeles. Rent roll and supporting documentation available upon request. Read Less
Listing Snapshot
Days Online
14
Last Updated
Property Type
Quadruplex
Lot Size
0.09 Acres
Year Built
1960
MLS Number
OC26055228
Additional Details
Building
Built in 1960, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: front
Community
StreetLights, Sidewalks
Expenses
Operating: $20,400
Fireplaces
None
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $63,406, Gross ScheduledIncome: $63,406, Net Operating Income: $43,005
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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