2813 W Florence Avenue Los Angeles, CA 90043
Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of $6, 150 a month with both offices being rented at $2, 200 each and $1, 750 for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (1.5mi), LAX airport (5.5mi), and Silicon Beach.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID NumberDW24177901
- Home Size Source N/A
- Year Built1950
- Lot Size0.133 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 7
- Sewer Public Sewer
- Number of Stories 11
- Acreage 0.133
- Water Public
- Garage Spaces 2
- Zoning LAC2
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Pool Features None
- Lot 0-1 Unit/ Acre
Community Features
- Community Features SidewalksStreet Lights
- Senior Community No
- MLS Area PHHT - Park Hills Heights