4237 Floral Drive, Los Angeles, CA 90063

$799,000 Asking Price

4 beds
4 baths
1,554  sqft
Built in 1923

Discover an exceptional investment opportunity with this charismatic multi-family property. Three distinct homes allow endless possibilities to tailor the spaces to diverse needs. Charm meets potential in this versatile multi-family property. Perfectly positioned in a vibrant area, this gem includes three homes on one lot, delivering unique prospects for savvy investors or those seeking multi-generational living arrangements. Spanning an expansive lot size of 5,823 sqft with a combined floor space of 2,288 sqft, this property maximizes space and comfort. Each home is crafted to accommodate modern living without sacrificing character. This thoughtfully designed configuration includes four bedrooms and four bathrooms, providing ample space for privacy and convenience. Units 1 and 2 have newly remodeled bathrooms, enhancing their allure with contemporary finishes and accessories. New roofs crown each structure, ensuring peace of mind and long-term durability. Unit 1 also boasts a brand-new water heater, providing efficiency and reliability. The entire property will be delivered vacant, offering a blank canvas for your visionwhether that's a lucrative rental endeavor or a maximizing rental yield or designing custom living areas. Recent maintenance includes trimmed trees and ongoing pest and rodent control, ensuring a pristine and inviting environment for future occupants. All units are fully permitted, reflecting the quality and legitimacy of the property, allowing for seamless transitions and occupancy alterations. With a clear directive to not disturb current tenants. This is

Features & Amenities

Interior

General:
Laminate Counters
Laundry:
Gas & Electric Dryer HU
A/C:
Wall/Window
Heating:
Combination Heating
Fireplace:
N/K

Exterior

Pool:
N/K
Parking:
Parking spaces: 0

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LCC3*, 5225024027
View:
N/K
Fencing:
Wrought Iron,Chain Link,Wood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Keller Williams Realty Phelan, CAROL SMITH

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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