3426 W Florence Avenue, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath

3426 W Florence Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,100,000
3426 W Florence Avenue, Los Angeles, California 90043
0Bed
0Bath
2,798Sqft
5,529Lot
Year Built
1954
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
GD24229950
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.10M(88th), sqft - 2798(88th), beds - undefined(50th), baths - undefined(50th).

Investor's Dream! Looking for your next investment opportunity? Welcome to 3426 W Florence Ave, Los Angeles, where an exceptional 3-unit multi-family property awaits its new buyer. With four parking spaces, including a spacious three-car garage and alley access, parking will never be a hassle for residents or guests. Situated on a generous lot, this property offers vast potential, including the possibility of adding an ADU. Ideal for owner-occupied living with additional rental units. Recently renovated units boast modern laminate and hardwood flooring, offering a fresh and inviting atmosphere for tenants. Experience low-maintenance beauty with upgraded landscaping featuring drought-tolerant plants and succulents, elevating the property's appeal with a touch of modernity. Additional features include rain gutters for enhanced property maintenance. Enjoy the convenience of a common laundry room equipped with recently replaced washing machines and dryer. This property is conveniently located near a variety of attractions, including shopping centers, restaurants, parks, and schools. Enjoy easy access to everything you need for a comfortable lifestyle. Don't miss out on this incredible opportunity to make your mark in the real estate market. ONE unit may be delivered VACANT

Nearby schools

2/10
Yes Academy
Public,K-50.5mi
1/10
Lane (Warren) Elementary School
Public,K-60.7mi
4/10
Centinela Elementary School
Public,K-60.9mi
3/10
Seventy-Fourth Street Elementary School
Public,K-50.9mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.1mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.4mi
3/10
Angeles Mesa Elementary School
Public,K-51.6mi
3/10
Windsor Hills Math Science
Public,K-52.0mi
2/10
Forty-Second Street Elementary School
Public,K-52.3mi
1/10
Horace Mann Junior High School
Public,6-81.2mi
2/10
Crozier (George W.) Middle School
Public,7-82.2mi
2/10
Barack Obama Global Preparation Academy
Public,6-82.3mi
/10
Monroe (Albert F.) Middle School
Public,6-82.4mi
2/10
Audubon Middle School
Public,6-82.4mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.5mi
2/10
Inglewood High School
Public,9-121.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.6mi
2/10
George Washington Preparatory High School
Public,9-123.0mi
9/10
Middle College High School
Public,9-125.8mi

Price History

Date
Event
Price
07/27/17
Sold
$450,000
01/04/07
Sold
$600,000
07/08/04
Sold
$415,000
04/29/02
Sold
$285,000
Condition Rating
Fair

The property was built in 1954, but the listing mentions recently renovated units with modern laminate and hardwood flooring. The kitchens and bathrooms are not explicitly shown in detail in the images, but the overall impression is that they are functional but not high-end. Given the age and the description of 'recently renovated units,' a 'Fair' rating is appropriate, indicating that while updates have been made, it's not a complete overhaul to modern standards.
Pros & Cons

Pros

Income Potential: The property is a 3-unit multi-family residence, offering immediate rental income opportunities.
Parking: Features four parking spaces, including a three-car garage, a significant amenity in Los Angeles.
Recent Renovations: Units have been recently renovated with modern laminate and hardwood flooring, increasing tenant appeal.

Cons

Year Built: Built in 1954, the property may require ongoing maintenance and potential upgrades to meet modern standards.
One Unit Vacant: While offering immediate occupancy potential, the vacant unit may require time and resources to secure a tenant.

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