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247 W Florence

Los Angeles, CA 90003
Active
Multifamily
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$1,025,000
247 W Florence Avenue presents an opportunity to acquire a mixed-use investment property in South Los Angeles. The asset consists of eight total units, including (5) one-bedroom/one-bath residential units and (3) ground-floor commercial spaces, offering a diverse income stream. Priced at $128,125 per unit and $159 per square foot, the property provides an attractive basis for investors.… Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
176
Last Updated
Property Type
MixedUse
Lot Size
0.14 Acres
Year Built
1919
MLS Number
SB26085337
Property Location Map
Additional Details
Building
Built in 1919, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $50,117
Garage
4 spaces
Income
Gross Income: $119,794, Gross ScheduledIncome: $119,794, Net Operating Income: $6,368
Laundry
None
Lot
0.137 acres, ZeroToOneUnitAcre
Parking
4 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 6012013049, Lot: 140
Utilities
Water Source: Public, 8 separate electric meters, 8 separate gas meters
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Monthly Payment
$0
Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Gil Garcetti Learning Academy 323-753-2133 Public KG-6
John C. Fremont High School 323-565-1200 Public 9-12
Gil Garcetti Learning Academy 323-753-2133 Public KG-6
Gil Garcetti Learning Academy 323-753-2133 Public KG-6
Gil Garcetti Learning Academy 323-753-2133 Public KG-6
John C. Fremont High School 323-565-1200 Public 9-12
Public Service Community High School - Diego Rivera Learning Complex 323-846-2128 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

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.