***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** ................................................................................................................................................................................................................... Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this… Read More small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller. Read Less
Property listed by American Real Estate Experts, Andy Aguilar 818-447-9251
Listing Snapshot
Days Online
823
Last Updated
Property Type
Condominium
Lot Size
0.09 Acres
Year Built
1936
MLS Number
SR23153098
30 Days Snapshot Of 90001
$490k
-10%
(avg) sold price
2
-50%
homes sold
263
+246%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1936, Building area total: 4,000, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Cooling
None
Expenses
Operating expense: $2,500
Fireplaces
None
Income
Gross income: $60,000, Net operating income: $2,500
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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