6524 S Central Avenue , Los Angeles, CA 90001
Los Angeles, CA 90001
Description
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** ................................................................................................................................................................................................................... Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
Details
| Mls | SR23153098 |
|---|---|
| Listing Type | For Sale |
| Style | Con |
| Subtype | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 475 |
| Listing Provided By | American Real Estate Experts 818-492-4781 | Andy Aguilar |
Features
| Sq Feet | 4,000 |
|---|---|
| Storys | 2 |
| Units | 11 |
| Buildings | 1 |
| Zoning | LCM1* |
| Acreage | 0.09 |
| Property View | Yes |
Market Activity 90001
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | 699 Not Defined |
| Listing VS Median (in 90001) | |
Price: $888,888 low | high Med: $710,000 SqFt: 4,000 low | high Med: 1,876 $ / SqFt: $222 low | high Med: $381 On Site: 475 low | high Med: 129.000000 | |