2301 W Florence Ave, Hyde Park, Los Angeles, CA 90043

Hyde Park, Los Angeles, CA 90043
$4,645,000
24
beds
Multi Family Townhouse

AGENTS

Bachir Oueida
  • Licensed Real Estate Salesperson
  • DRE #: 00936311
V-Card
Source of Data:
Combined Los Angeles/Westside MLS
Combined Los Angeles/Westside MLS

Property Description

REDUCED! We are proud to present for sale a value-add set of 3 side-by-side residential income properties with a combined 21 units. These renovated buildings have 7 units each allowing ownership to avoid having an on-site manager, while still owning 21 adjoining units. While the exterior features new paint and well-maintained landscaping, only 7 units have seen light remodeling which provides new ownership numerous avenues to add value and capture top rent. With 9 Section 8 tenants and one two-bedroom unit in each building, these assets are fully parked in the rear and open the possibility of building ADUs. Don't miss the opportunity to own the nicest buildings on Florence Ave. with tremendous upside! Transaction includes 3 APNs: 4008-020-004, 4008-020-005 & 4008-020-006.
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PROPERTY DETAILS

  • Interior
    14,424 Sq Ft.
  • Exterior
    .38 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
    1955
  • MLS/Listing ID
    23-273805
  • Days On Market
    128
Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler - 01884474 - 818-653-2663 and Shaya Braverman - 01861842 - 310-614-8572