139 W Florence Ave

Los Angeles, CA 90003

We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing!

Sales Price $895,000

Beds

8

Baths

4

Home Size

2552 Sq. Ft.

Lot Size

4960 Sq. Ft.

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We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing!

Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA, the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $895,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details.

This home located at 139 W Florence Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $895,000. It has 8 beds and 4 bathrooms. The property was built in 1936. 139 W Florence Ave is in the Downtown L.A. community of Los Angeles County.

Quick Facts

  • 8 days on market
  • Built in 1936
  • Total parking spaces 4Car
  • Carport
  • Community | Downtown L.A.
  • MLS# | 25529177

Features

  • Other Cooling
  • Wall Heat
Connect with an agent
(6)

Elle Davidson

Partner - First Time Buyer Specialist, Probate Specialist | DRE #01881696

Listed By Casey Lins · Kidder Mathews of California, Inc.

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