Los Angeles, CA 90043 3426 W Florence Avenue

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Presented By: Vartan Achabahian with Prospect Group Inc.; vartan@prospectgroup.net
  • MLS# GD24051325
  • 04/09/2024
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 3
  • FootageSQFT • 2,798
  • GarageGarage • 3

Home Details

Renovated Investor's Dream! Looking for your next investment opportunity? Welcome to 3426 W Florence Ave, Los Angeles, where an exceptional 3-unit multi-family property awaits its new buyer. With four parking spaces, including a spacious three-car garage and alley access, parking will never be a hassle for residents or guests. Situated on a generous lot, this property offers vast potential, including the possibility of adding an ADU. Ideal for owner-occupied living with additional rental units. Recently renovated units boast modern laminate and hardwood flooring, offering a fresh and inviting atmosphere for tenants. Experience low-maintenance beauty with upgraded landscaping featuring drought-tolerant plants and succulents, elevating the property's appeal with a touch of modernity. Additional features include rain gutters for enhanced property maintenance. Enjoy the convenience of a common laundry room equipped with recently replaced washing machines and dryer. This property is conveniently located near a variety of attractions, including shopping centers, restaurants, parks, and schools. Enjoy easy access to everything you need for a comfortable lifestyle. Don't miss out on this incredible opportunity to make your mark in the real estate market. ONE unit may be delivered VACANT
Presented By: Vartan Achabahian with Prospect Group Inc.; vartan@prospectgroup.net

Interior Features for 3426 W Florence Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 3426 W Florence Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesPark, StreetLights
CoolingNone
CountyLos Angeles
Days on Market36
Directions405 south, take exit 47 toward Florence Ave/Manchester Blvd
Electric Expense0.0
Entry Location1
Expected Active Date 2024-04-09
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income70236.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1416.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet5529.0
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income64777.0
New ConstructionNo
Number of Units Leased3
Operating Expense5459.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameFlorence
Tax Lot7
Tenant PaysElectricity, Gas
Total Actual Rent5853.0
Total Units3
Trash Expense0.0
View Y/NNo
Water Sewer Expense4043.0
Waterfront Y/NNo
Year Built1954
Year Built SourcePublicRecords
ZoningLAR3

Exterior for 3426 W Florence Avenue

Building Area Total2798.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1269
Lot Size Area5529.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Pool Charge0.0
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,000,000
MLS#GD24051325
List Date 04/09/2024
Property Type Multi-Family
Phone 714.964.3311
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