4141 Floral DR Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV24176914
Style Spanish
Year Built 1953
Lot Size 5,999 Sqft
Property Description
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 a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front-one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. 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!
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Rooms
Kitchen Refrigerator,Oven - Gas
Interior
Heating No Heating
Cooling Window / Wall Unit
Laundry Other
Exterior
Pool 31,None
View None
Roof Type Shingle,Tile
Building
Water District - Public
Others
Special Listing Condition Not Applicable