2114 W Florence Avenue, Los Angeles, CA 90047
Local realty services provided by:ERA Excel Realty
2114 W Florence Avenue,Los Angeles, CA 90047
$699,990
- - Beds
- - Baths
- 1,166 sq. ft.
- Multi-family
- Active
Listed by: mazdak sarehkhani
Office: mazdak sarehkhani
MLS#:SR25170709
Source:CRMLS
Price summary
- Price:$699,990
- Price per sq. ft.:$600.33
About this home
$81,400 annual income potential with ACTUAL INCOME OF $78,600 with GOVERNMENT VOUCHER TENANTS in place (all expect one tenant).
This QUAD is great addition for any buyer/ investors who would like to have a positive cash flow from day way. ZONED FOR A MOTEL- BUYER TO VERIFY!
The units are THREE studios and ONE - 1 bedroom 1 with all of them being updated/ remodeled except one with which has the longest staying tenant. All month to month tenants except one and 3 of them are due for a rent increase.
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, $1600, and $950 for each studio and $1850 for the 1 bedroom (all section 8 or other government granted vouchers except the$950 paying tenant who's a traditional tenant. In addition, the 3 parking spots in the back are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go).
A TOTAL OF $6500 monthly income or $78,30000/ annual income (including the parking's income).
You wont find a more secured and better investment than this!
Contact an agent
Home facts
- Year built:1955
- Listing ID #:SR25170709
- Added:201 day(s) ago
- Updated:February 16, 2026 at 02:19 PM
Rooms and interior
- Living area:1,166 sq. ft.
Structure and exterior
- Year built:1955
- Building area:1,166 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,990
- Price per sq. ft.:$600.33
New listings near 2114 W Florence Avenue
- New
$725,000Active4 beds 2 baths1,422 sq. ft.10520 Zamora Avenue, Los Angeles, CA 90002
MLS# IG26023217Listed by: HOMESMART, EVERGREEN REALTY - New
$399,999Active1 beds 1 baths614 sq. ft.2030 Cabrillo Avenue #206, San Pedro, CA 90731
MLS# PW26033501Listed by: KELLER WILLIAMS COASTAL PROP. - New
$560,000Active3 beds 3 baths1,245 sq. ft.14435 Plummer #23, Panorama City, CA 91402
MLS# SR26027435Listed by: LUXURY COLLECTIVE - New
$1,550,000Active8 beds 8 baths3,840 sq. ft.5619 Irvine Avenue, North Hollywood, CA 91601
MLS# SR26031123Listed by: SILVA REALTY - New
$769,950Active2 beds 3 baths1,600 sq. ft.12380 Chandler, Valley Village, CA 91607
MLS# SR26032233Listed by: COLDWELL BANKER EXCLUSIVE - New
$549,000Active0.53 Acres12085 Mound View Place, Studio City, CA 91604
MLS# 26650359Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Sat, 1 to 4pmNew
$975,000Active3 beds 2 baths1,550 sq. ft.871 Crenshaw Boulevard #406, Los Angeles, CA 90005
MLS# 26652411Listed by: WIN REALTY & PROPERTIES - New
$469,000Active1 beds 1 baths678 sq. ft.620 S Gramercy Place #226, Los Angeles, CA 90005
MLS# 26652425Listed by: SKY COMMERCIAL REALTY - New
$799,500Active-- beds -- baths2 sq. ft.5253 N Huntington Dr. Drive N, Los Angeles, CA 90032
MLS# DW26032395Listed by: REALTY WORLD 5 STAR BROKERS - New
$779,000Active-- beds -- baths1,564 sq. ft.1462 E 57th, Los Angeles, CA 90011
MLS# DW26033965Listed by: EXCELLENCE RE REAL ESTATE, INC.