1655 W Florence Avenue Los Angeles, CA ^$ 675,000

1655 W Florence Avenue

^$ 675,000

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1655 W Florence Avenue

Los Angeles, CA, 90047

^$ 675,000

Studio Baths0.0 Sq 1,574

Monthly Estimate*

^$ 4,715

Listed by F C E Realty

1655 W Florence Avenue, Los Angeles, CA 90047 - Image 1

1655 W Florence Avenue, Los Angeles, CA 90047 - Image 2

1655 W Florence Avenue, Los Angeles, CA 90047 - Image 3

1655 W Florence Avenue, Los Angeles, CA 90047 - Image 4

Studio

Commercial Property for sale in Los Angeles, CA

for $675,000. This 1,574 square foot building was built in 1930 on a lot size of 0.0614.

Commercial Mixed Use property that can be used for development into apartments under city's TOC Tier 3 development standards. The property is zoned LAC2- City of Los Angeles which allows for both commercial and R4 multi-family development. Build up to 22-23 units on the property. Property is sold for its land value only. Priced at only $126.10 s.f. Excellent site for multi-family residential development on major street in the City of Los Angeles and access to bus lines for transportation.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,209

Style

MixedUse

Lot Size

0.0614

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24053090

Days on Market

Features

Exterior

Lot Features Paved RectangularLot StreetLevel ValueInLand

Water Source Public

Lot Size Area 2676.0

Number of Buildings 2

Spa N

Building Area Total 1574.0

Lot Size Acres 0.0614

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1930

Property SubType MixedUse

Additional Parcels Description 6015035010

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Take 110 Fwy North or South and exit at Florence and head west on Florence until you reach property

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area C37 - Metropolitan South

Lot Size Square Feet 2676.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 3

Street Name Florence

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2209.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Year Built Source Assessor

Property Sub Type Additional MixedUse

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1655

* Excluded Features

List By

F C E Realty

Broker

(562) 424-1300

Phone

Affordability Calculator

$4,899

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $184
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,233,334

Percent of Sale Price 231%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$675,000		Listed Price

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1655 W Florence Avenue, Los Angeles, CA, 90047 is a Commercial Property for sale at $675,000 with 1,574 sqft and a lot size of 0.0614. 1655 W Florence Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 90047 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1655 W Florence Avenue

Commercial Property for sale in Los Angeles, CA

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