2114 W Florence Avenue, Los Angeles, CA 90047

• 1,166 sqft

Property Description

$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!

Listing Status:

Active

Date Added:

July 29, 2025 at 05:00AM

Listing Office:

Mazdak Sarehkhani : 818-601-8215

Listing Agent:

Mazdak Sarehkhani : 8186018215

MLS ID:

SR25170709

Interior

• Laundry: None
• Fireplace: None

Exterior

• Pool: None
• Parking: Parking spaces: 3

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LAC26017004004

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM

This listing courtesy of Mazdak Sarehkhani, Mazdak Sarehkhani