$888,888
For Sale

6524 S Central Avenue

Los Angeles, CA 90001
0.09 acres | #SR23153098
Listing OfficeAmerican Real Estate Experts
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***
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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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • ViewNeighborhood
      • Stories2
    • Measurements
      • Acres0.0928
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1936
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$888,888
  • Other
      • MLS #SR23153098

Location

Gina MogaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00