2114 W Florence Avenue, Los Angeles, CA 90047
Local realty services provided by:ERA North Orange County Real Estate
2114 W Florence Avenue,Los Angeles, CA 90047
$699,990
- 1 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:mazdak sarehkhani
Office:mazdak sarehkhani
MLS#:SR25170709
Source:San Diego MLS via CRMLS
Price summary
- Price:$699,990
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!
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Home facts
- Listing ID #:SR25170709
- Added:67 day(s) ago
- Updated:October 05, 2025 at 02:03 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:4
Finances and disclosures
- Price:$699,990
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