About 2024 Florence Avenue
Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.
Features of 2024 Florence Avenue
| MLS® # | 25489427 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,091 |
| Acres | 0.12 |
| Year Built | 1950 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 2024 Florence Avenue |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90047 |
Listing Map
Amenities
| Parking | Assigned |
|---|---|
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Wood |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | January 27th, 2025 |
|---|---|
| Days on Market | 234 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Shea Nelson |
|---|---|
| Office | Watkins Realty & Investments |