Listing provided courtesy of Mazdak Sarehkhani of Mazdak Sarehkhani. Last updated 2025-10-24 08:11:47.000000. Listing information © 2025 Sandicor.
Asking Price: $699,990 |
2114 Florence, Los Angeles CA 90047
Community: 699 - Not Defined
This Quadruplex property was built in 1955 and is priced at $699,990. Please see the additional details below.
$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!









