4141 Floral Drive Los Angeles, CA 90063
Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. Key features include gated entry and parking options for tenants, all situated on a spacious 5, 999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address. Don’t miss out on this exciting opportunity to invest in East LA!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID NumberCV24176838
- Home Size Source Estimated
- Year Built1953
- Lot Size0.1377 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Spanish
- Parking Driveway
- Parking Spaces 0
- Sewer Public Sewer
- Number of Stories 11
- Acreage 0.1377
- Water Public
- Property Sub Type Triplex
- Garage Spaces 0
- Utilities Electricity AvailableNatural Gas AvailableSewer Available
- Zoning LCR2*
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating None
- Appliances Gas RangeRefrigerator
- Fireplace Features None
- Laundry Features Outside
- Fireplace No
Exterior Features
- Roof ShingleTile
- View None
- Fencing Block
- Spa No
- Pool Features None
- Spa Features None
- Lot 0-1 Unit/ Acre
- Patio And Porch None
- Road Frontage City Street
Community Features
- Association Dues 0
- Community Features Sidewalks
- Senior Community No
- MLS Area ELA - East Los Angeles