139 W Florence Ave , Los Angeles, CA 90003
$785,000
Est. Payment: $4,192.45/mo
8 Bed
4 Bath
2552 Sqft
Status: Active | Days on site: 77
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CLW-X83758 - CLW-C122960
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House Description

Back on the market through no fault of the seller or property. Great opportunity to own a Value-add 4-unit residential income property in a high-demand South Los Angeles rental market, featuring strong upside potential and an owner-user opportunity. The layout consists of 2 detached buildings, front building has two side-by-side, single-level units with private front yards. Rear Building has two upper-level units accessed by stairs. High rental demand with immediate rental growth potential. With one unit delivered vacant, it is suitable for a standard investment or house-hacking owner-occupant. Each unit has a garage (entrance through alley) an separate meters. The entire lot is gated all around, front two units have a grassy area with trees, courtyard between buildings, backs into an alley and is priced to sell! *Bonus Income Potential* Property includes an active commercial billboard. Current lease is being renegotiated. This extra revenue is not included in the current financials. Huge upside potential for the next owner. Don't miss this one, schedule an appointment to see it today. The property is conveniently located minutes from major transportation routes, Downtown LA, USC,Natural History Museum, the California Science Center and the 110 Freeway.

Highlights

Listed by Claudia Ghazanfary , 818-822-9439 Call It Closed International,Inc , 760-672-0881. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1936

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26856313

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAC2
Others:
  • Additional:2+ Total Units
Sewer:Other
Principal Interest
$4,192
Taxes
$500

Home Price

$785,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$157,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,192.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,192.45 $500.44 $0.00 $4,692.89
Yearly $50,309.39 $6,005.25 $0.00 $56,314.64
Total $1,509,281.79 $180,157.50 $0.00 $1,689,439.29

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T05:04:10.000Z

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