3426 W Florence Avenue Los Angeles, CA ^$ 1,000,000

3426 W Florence Avenue

^$ 1,000,000

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Recently Listed

3426 W Florence Avenue

Los Angeles, CA, 90043

^$ 1,000,000

Bedrooms5 Baths3.0 Sq 2,798

Monthly Estimate*

^$ 6,985

Listed by Prospect Group Inc.

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Multi-Family Home for sale in Los Angeles, CA

for $1,000,000 with 5 bedrooms and 3 full baths. This 2,798 square foot home was built in 1954 on a lot size of 0.1269.

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.

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1269

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD24051325

Days on Market

Features

General

Interior Features CeilingFans

Sewer PublicSewer

Heating WallFurnace

Cooling None

Zoning LAR3

Garage Spaces 3.0

Pool Features None

Year Built 1954

Tenant Pays Electricity Gas

Property SubType Triplex

Gross Income 70236.0

Community Features Park StreetLights

County Los Angeles

Net Operating Income 64777.0

Operating Expense 5459.0

Insurance Expense 1416.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions 405 south take exit 47 toward Florence Ave/Manchester Blvd

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 5529.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 3

Street Name Florence

Listing Terms Cash Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 4043.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 7

Total Actual Rent 5853.0

Property Sub Type Additional Triplex

Expected Active Date 2024-04-09

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 3.0

Lot Size Area 5529.0

Number of Buildings 1

Spa N

Building Area Total 2798.0

Lot Size Acres 0.1269

Lot Size Units SquareFeet

Lot Size Source Assessor

Pool Charge 0.0

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 3426

* Excluded Features

List By

Prospect Group Inc.

Broker

(818) 497-5294

Phone

Affordability Calculator

$6,985

Per Month

Monthly Principal & Interest: $6,985
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Multi-family listings in Los Angeles, CA

Average List Price ^$2,033,241

Percent of Sale Price 103%

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
4/10/2024	$1,000,000		Listed Price

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3426 W Florence Avenue, Los Angeles, CA, 90043 is a Multi-Family Home for sale at $1,000,000 with 2,798 sqft and a lot size of 0.1269. 3426 W Florence Avenue has 5 bedrooms, 3.0 baths, and was built in 1954. The property's zip code is 90043 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 4/30/2024. 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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3426 W Florence Avenue

Multi-Family Home for sale in Los Angeles, CA

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