1340 W Florence Ave - 1340 Florence 3 Unité Immeuble d’habitation offert à 716 679 $ CAD Los Angeles, CA 90044

100% Vacant mixed use property. 800 SF retail box at front of property in rentable condition, and 2 small one bedroom units at the rear, which are gutted and need full remodel work. Large open space at rear that has potential for additional units. Tons of potential and owners selling for essentially lot value. Estimated renovation @ $150,000. Final rents would be $2,000 x 3= $6,000/mos., not including 2 potential ADU's added in the future. Keep in mind this property has been vacant for 5+ years, so if Buyer wanted to tear down and start new, there would be no requirement to replace any existing low income housing (buyer to verify).