232 W Florance Avenue 12 Los Angeles, CA 90003
Mixed Use
MLS #: 25008960
Courtesy Of Keller Williams Realty - Antelope Valley
Property InformationDescription
This property presents an exceptional opportunity for investors seeking a stable, long-term income asset with significant potential for increased revenue. The subject property is composed of four well-maintained buildings totaling 12,808 SF, offering a balanced mix of retail and residential income.Buildings A & B each feature 2,400 SF of two-story mixed-use space, with a retail unit on the ground floor and a one-bedroom, one-bathroom residential unit above--ideal for steady, diversified cash flow.Buildings C & D each contain 4,004 SF of two-story, four-unit apartment layouts, providing dependable residential rental income with room for upside through modernization or strategic repositioning.In total, the property includes two retail units and ten residential units, making it an attractive opportunity for investors looking to enhance returns through rent optimization, value-add improvements, or future redevelopment potential.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: None (Cooling)
- Exterior Type: Stucco
- Floors: 2
- Heating System: Floor Furnace
- MLSID: 25008960
- Roof Type: Shingle
- Security Deposit: $10,000.00
MAP & DIRECTIONS
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