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Listed by 818-447-9251 - Andy Aguilar - DRE #01909871 - American Real Estate Experts 818-492-4781

$888,888

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6524 Central Avenue Los Angeles, CA 90001

Condo Residence

Beds

Baths

4,000 Sq. Ft.

0.09 Acre Lot

Property Activity

Time on Site

days

Days on Market

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Last updated on 9/28/2024 4:04 AM

Listing Details

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

MLS#

SR23153098

Property Type

Condo

Status

Year Built

1936

Square Feet

4,000 sq. ft

Lot Size

0.09

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