CA > Los Angeles
Los Angeles, CA 90063,4141 Floral DR
Los Angeles, CA 90063,4141 Floral DR
Los Angeles, CA 90063,4141 Floral DR
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$895,000
Est. payment /mo
5,998 Sqft Lot
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UPDATED:

11/14/2024 11:35 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24176914

HOA Y/N No

Year Built 1953

Lot Size 5,998 Sqft

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 front—one 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 control—giving 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.
Don’t miss out on this exciting opportunity to invest in East LA!

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCR2*

Interior

Heating None

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Refrigerator

Laundry Outside

Exterior

Garage Shared Driveway

Fence Block

Pool None

Community Features Sidewalks

Utilities Available Other

View Y/N No

View None

Roof Type Shingle,Spanish Tile

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces South

Story 1

Sewer Private Sewer

Water Public

Architectural Style Spanish

New Construction No

Others

Senior Community No

Tax ID 5226042029

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Daisy De La Parra • Compass • 909-551-5567
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