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4141 Floral Drive, Los Angeles, CA 90063

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For Sale

$895,000

8 beds • 3 baths • 2,370 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $377.64
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of one 3-bedroom, 1-bath standalone unit at the rear and two 2-bedroom, 1-bath units near the front. Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address. Don t miss out on this exciting opportunity to invest in East LA!
MLS# CV24176838

Courtesy Of DPP

(626) 914-2904

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    Spanish
  • Cooling System
    Window Unit(s) A/C
  • Roof Type
    Tile
  • Rooms
    Bonus Room, Kitchen, Living Room

Map and Directions

Directions to 4141 Floral Drive, Los Angeles, CA 90063

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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