Listing provided courtesy of Mazdak Sarehkhani of Mazdak Sarehkhani. Last updated 2025-08-09 08:11:40.000000. Listing information © 2025 Sandicor.
Asking Price: $729,000 |
2114 Florence, Los Angeles CA 90047
Community: 699 - Not Defined
This Quadruplex property was built in 1955 and is priced at $729,000. Please see the additional details below.
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!