4141 Floral Drive Los Angeles, CA 90063
UPDATED:
09/18/2024 05:45 AM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $377
MLS Listing ID CV24176838
Style All Other Attached
Bedrooms 8
Full Baths 3
HOA Y/N No
Year Built 1953
Lot Size 5,999 Sqft
Acres 0.1377
Property Description
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 frontone 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 controlgiving 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. Dont miss out on this exciting opportunity to invest in East LA!
Location
State CA
County Los Angeles
Area Los Angeles (90063)
Zoning LCR2*
Interior
Cooling Wall/Window
Equipment Refrigerator, Gas Range
Appliance Refrigerator, Gas Range
Laundry Outside
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
Roof Type Tile/Clay,Shingle
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Mediterranean/Spanish
Level or Stories 1 Story
Others
Monthly Total Fees $100
Acceptable Financing Cash, Conventional, Exchange, Cash To Existing Loan, Cash To New Loan, Submit
Listing Terms Cash, Conventional, Exchange, Cash To Existing Loan, Cash To New Loan, Submit
Special Listing Condition Standard
GET MORE INFORMATION
