Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.
Property Details
Price:
$900,000
MLS #:
25489427
Status:
Active
Baths:
0
Address:
2024 W Florence Avenue
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
90047
Lot Size:
5,109 sqft / 0.12 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
None
Flooring
Wood
Heating
Wall Furnace
Laundry Features
None
Exterior
Parking Features
Assigned
Parking Spots
0.00
Financial
Map
Community
- Address2024 W Florence Avenue Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
Similar Listings Nearby
- 2204 W 26th Place
Los Angeles, CA$1,170,000
3.96 miles away
- 8419 Crenshaw Drive
Inglewood, CA$1,160,000
1.36 miles away
- 1438 S Bronson Avenue
Los Angeles, CA$1,160,000
4.96 miles away
- 8779 S Hobart Boulevard
Los Angeles, CA$1,158,800
1.27 miles away
- 5400 Thornburn Street
Los Angeles, CA$1,150,000
3.48 miles away
- 1677 W 24th Street
Los Angeles, CA$1,150,000
4.26 miles away
- 420 E 51st Street
Los Angeles, CA$1,150,000
3.12 miles away
- 6027 Makee Avenue
Los Angeles, CA$1,150,000
3.93 miles away
- 627 W 82nd Street
Los Angeles, CA$1,150,000
1.80 miles away
- 1703 Toberman Street
Los Angeles, CA$1,150,000
4.96 miles away

2024 W Florence Avenue
Los Angeles, CA
LIGHTBOX-IMAGES