This QUAD is great for an FHA buyer who can live in the VACANT STUDIO while renting out the other 3 units. It provides a great income for any home buyer or investors who would like to have a positive cash flow from day way. POSSIBLY ZONED FOR A MOTEL- BUYER TO CONFIRM!
The units are THREE studios and ONE – 1 bedroom 1 bath with one of the STUDIO’s BEING DELIVERED VACANT!
Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go).
A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income.
This wont last so submit your offer today!
The units are THREE studios and ONE – 1 bedroom 1 bath with one of the STUDIO’s BEING DELIVERED VACANT!
Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go).
A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income.
This wont last so submit your offer today!
Property Details
Price:
$729,000
MLS #:
SR25170709
Status:
Active
Baths:
0
Address:
2114 W Florence Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jul 29, 2025
State:
CA
ZIP:
90047
Lot Size:
2,553 sqft / 0.06 acres (approx)
Year Built:
1955
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Curbs
Garage Spaces
0.00
Lot Features
Walkstreet
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Parking Fee
Map
Community
- Address2114 W Florence Avenue Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
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2114 W Florence Avenue
Los Angeles, CA
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