2024 W Florence Avenue
Los Angeles, CA, 90047
$900,000
Beds
0 Baths
SqFt
0.12 Acres
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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
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Flooring
Wood
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Wall Furnace
Interior Features
Ceiling Fan(s)

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Parking Features
Assigned
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0.00
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Stories Total
1

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2024 W Florence Avenue
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