4141 Floral Drive Active

Los Angeles,CA 90063

$ 895000

- Bed

- Bath

2370 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $377

MLS Listing ID CRCV24176914

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Heating None

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Exterior

View None

Building

Water Public

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