2301-2311 W Florence Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$3,499,000 USD
310-344-8218
2301-2311 W Florence Ave, Los Angeles, CA for Sale
$3,499,000 USD
Apartments - FOR SALE
1/10
null | 7.93% Cap Rate

2301-2311 W Florence Ave
Los Angeles, CA 90043
Park Mesa Heights


OVERVIEW

A 3-parcel asset on one of South LA's better-known streets. The 3-parcel asset affords an owner economies-of-scale and an efficiency of management - a state-mandated on-site manager is not required (each parcel has 7 units). A value-add opportunity for a savvy investor. Separate gas and electric meters, on-site laundry.

FOR SALE DETAILS

PRICE

$3,499,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

21

PRICE/UNIT

$166,619

CAP RATE

7.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Short Sale! Bank wants this off their books.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,701 SF

ZONING

C2-1VL-CPIO

APN/PARCEL ID

4008-020-004,4008-020-005,4008-020-006

ASK ABOUT THIS PROPERTY

310-344-8218

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310-344-8218

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