2024 W Florence Avenue, Los Angeles, CA 90047

0 beds 0 baths 5,109 sq.ft.

Offerered at: $900,000.00

County: Los Angeles
Year Built: 1950
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active