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1315 W Florence Ave
Los Angeles, CA 90044
Avalon Hacienda · Multifamily Property For Sale · 20 Units

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.36 AC
Building Size 16,655 SF
Average Occupancy 100%
No. Stories 3
Year Built 2019
Parking Ratio 1.2/1,000 SF
Zoning LAC2

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Security System
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Sprinkler System
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Intercom
  • Patio
  • Recreation Room
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Property Manager on Site
  • Recycling
  • Trash Pickup - Curbside
  • Bicycle Storage
  • Green Community

About 1315 W FLORENCE AVE , LOS ANGELES, CA 90044

The team at City Commercial Properties is delighted to present 1315 W Florence Avenue, an elegantly built twenty-unit low-income property found in the bustling city of Los Angeles, California. The building remains well-maintained and features landscaped grounds with shrubbery. A laundry facility onsite is provided for residents as well. Each unit comprises of amenities including central air and heat, refrigerator, microwave, stove, garbage disposal, contemporary cabinets/counter-top, and spacious floor plans. Nearby the Staples Center, LA Live, USC, and the CA-110 Harbor Freeway, this offering provides an investor the opportunity to acquire a well-maintained apartment community with exceptional value-add upside in a premier location within the city. Considering the fortitude of the overall apartment market within Los Angeles, this property generates secure incomes, low vacancies, easy maintenance, and more. An overall demand for well-located apartments will remain key to bolstering growth at 1315 W Florence Avenue. Additionally, the building comes with a surveillance camera system, gated subterranean parking, and a recreational room.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 18 $2,060 647 - 1,160
3+1 2 $2,546 970

Property Taxes

Property Taxes

Parcel Number
6014-033-032
Land Assessment
$754,378
Improvements Assessment
$0
Total Assessment
$754,378
  • Listing ID: 18581718

  • Date on Market: 2/20/2020

  • Last Updated:

  • Address: 1315 W Florence Ave, Los Angeles, CA 90044

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