2114 W Florence Ave

$81,400 annual income potential This QUAD is great for an FHA buyer who can live in the VACANT STUDIO while renting out the other 3 units.

It provides a great income for any home buyer or investors who would like to have a positive cash flow from day way. POSSIBLY ZONED FOR A MOTEL- BUYER TO CONFIRM! The units are THREE studios and ONE - 1 bedroom 1 bath with one of the STUDIO's BEING DELIVERED VACANT! 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 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go). A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income. This wont last so submit your offer today!

This home located at 2114 W Florence AVE is currently active and has been available on pardeeproperties.com for 36 days. This property is listed at $729,990. It has 1 beds and 4 bathrooms. The property was built in 1955. 2114 W Florence AVE is in the Metropolitan Southwest community of Los Angeles County.

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