247 W Florence,
Los Angeles, CA 90003
在售房 $1,050,000 ($105萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

5969 平方英呎
(555平方米)

1919 年

2

4 停車位

2026年04月21日
已上市 59 天

地產編號: SB26085337
所處郡縣: LA
面積單價:$163.81/sq.ft ($1,763 / 平方米)
房屋簡介

247 W Florence Avenue presents an opportunity to acquire a mixed-use investment property in South Los Angeles. The asset consists of eight total units, including (5) one-bedroom/one-bath residential units and (3) ground-floor commercial spaces, offering a diverse income stream. Priced at $131,250 per unit and $163 per square foot, the property provides an attractive basis for investors. The property is currently operating at a 6.04% cap rate and 8.77 GRM, with approximately 40% rental upside, presenting a strong opportunity to increase cash flow through rent adjustments and operational improvements. The property is located along the active Florence Avenue corridor in South Los Angeles, offering convenient access to Downtown Los Angeles, University of Southern California, and major transportation routes including Interstate 110 and Interstate 105, connecting tenants to employment centers and amenities throughout the city.

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