6524 South Central Ave. Florence - Firesetone 6528 S Central Ave 11 Unit Apartment Building $888,888 ($80,808/Unit) Los Angeles, CA 90001

***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** 11 Unit Apartment Building *** Text Listing Agent Andy at 818.492.4781 ***
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). Property is mixed use of residential and commercial. 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.