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Image 1 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 2 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 3 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 4 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 5 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 6 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 7 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Image 8 - West Florence Avenue, Los Angeles, CA 90305, USA - House for sale

Home For Sale In Los Angeles, California

West Florence Avenue, Los Angeles, CA 90305, USA

Home For Sale In Los Angeles, California

house for sale

3 views

Listed: 03/07/24

West Florence Avenue, Los Angeles, CA 90305, USA

2 Bed:

3 Bath:

1,940 Sq Ft Living Area:

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Price

$ 1,1M

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About This House

Introducing this great investment opportunity in prime Hyde Park. This property consists of a mix-use with 2 office fronts and a single family home, totaling 3 units total. Wonderful added value project for a savvy investor. Currently property is collecting a total of$6, 150a month with both offices being rented at$2, 200each and$1, 750for the 2 bedroom and 1 bath SFR. Several exist strategies can be to convert the detached garage into and ADU to make up a fourth unit or build multi-family housing using is high density LAC2 Tier 2 zone. Another option is to renovate and slightly increase rents to full market rate. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles … Full description

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Hyde Park Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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