2114 W Florence Avenue, Los Angeles, CA 90047
Local realty services provided by:CENTURY 21 Sierra Properties
2114 W Florence Avenue,Los Angeles, CA 90047
$699,990
- 1 Beds
- - Baths
- 1,166 sq. ft.
- Multi-family
- Active
Listed by: mazdak sarehkhani
Office: mazdak sarehkhani
MLS#:CRSR25170709
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$699,990
- Price per sq. ft.:$600.33
About this home
$81,400 annual income potential with ACTUAL INCOME OF $78,600 with GOVERNMENT VOUCHER TENANTS in place (all expect one tenant). This QUAD is great addition for any buyer/ investors who would like to have a positive cash flow from day way. ZONED FOR A MOTEL- BUYER TO VERIFY! The units are THREE studios and ONE - 1 bedroom 1 with all of them being updated/ remodeled except one with which has the longest staying tenant. All month to month tenants except one and 3 of them are due for a rent increase. 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, $1600, and $950 for each studio and $1850 for the 1 bedroom (all section 8 or other government granted vouchers except the$950 paying tenant who's a traditional tenant. In addition, the 3 parking spots in the back are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go). A TOTAL OF $6500 monthly income or $78,30000/ annual income (including the parking's income). You wont find a more secured and better investment than this!
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Home facts
- Year built:1955
- Listing ID #:CRSR25170709
- Added:215 day(s) ago
- Updated:March 01, 2026 at 03:36 PM
Rooms and interior
- Bedrooms:1
- Living area:1,166 sq. ft.
Structure and exterior
- Year built:1955
- Building area:1,166 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Quadruplex
Finances and disclosures
- Price:$699,990
- Price per sq. ft.:$600.33
Features and amenities
- Laundry features:No Hookups
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