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    2114 W Florence Ave Los Angeles, CA 90047

    For Sale
    $699,990

    Quadruplex - Los Angeles, CA

    Type:Quadruplex
    Property size:
    1,166 SF
    Lot size:
    2,553.00 Acres
    Days on Market:
    133
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 2114 W Florence Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    LAC2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1
    Bedrooms
    1
    Bathrooms
    4
    APN
    6017004004
    Parking
    3
    Exterior features
    Community Features Included: Curbs, Walkstreet
    Size
    1,166 SF
    Lot size
    2,553.00 Acres

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    4
    Architectural style
    Other

    Regency Alliance Realty (818) 601-8215 [email protected]

    Listing agent Mazdak Sarehkhani (818) 601-8215 License #01811455

    Listing date Jul 29, 2025

    MLS# SR25170709 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Quadruplex Investment Opportunity

    This Los Angeles quadruplex offers an annual income potential of $81,400, with a current actual income of $78,600. The property is zoned LAC2 and may be suitable for a motel, but buyers should verify this. The unit mix includes three studios and one one-bedroom unit. Most units have been updated or remodeled, with one exception. All tenants are month-to-month except for one. Three tenants are due for rent increases. The tenant base consists of Section 8 recipients, other government-subsidized tenants, and one traditional tenant. Rents are consistently paid on time, and the tenants are described as easy to work with. The studios rent for $1750, $1600, and $950, while the one-bedroom unit rents for $1850. The $950 tenant is a traditional tenant, while the others receive Section 8 or other government vouchers. Additionally, three parking spots in the back are rented to a separate entity for $400 per month under a one-year lease agreement with eight months remaining. The total monthly income is $6500, resulting in an annual income of $78,300, including parking income. The property size is 1166 square feet, situated on a lot of approximately 0.059 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3161606
    Latitude
    33.974402

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    FAQs

    What type of property is this?
    Quadplex - Income-generating Los Angeles quadruplex with government voucher tenants.
    Where is this quadplex located?
    The property is located at 2114 W Florence Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $699,990.
    What are key features of this property?
    This property features: - High annual income potential: $81,400, with current actual income of $78,600.; - Government voucher tenants in place, ensuring reliable and consistent rental income.; - Positive cash flow from day one, making it an attractive investment opportunity.
    (818) 601-8215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2114 W Florence Ave Los Angeles, CA 90047
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