Three-Parcel Multifamily
For Sale
Contact for pricing
2301 W Florence Ave, Los Angeles, CA 90043
Three-parcel asset with value-add potential in South LA.
Property Size14,420 SF
Price / SF$242.65
Days on Market156
Property Features for 2301 W Florence Ave
General Information
Standard status
Active
Size
14,420 SF
Property subtype
Multifamily
Zoning
LAC2
Investment Type
Value Add
Net Operating Income
$277,518
Building Details
Year Built
1955
Units
21
Listing Agency:
CBRE - West LA
Listed By:
Brice W. Head, MBA · License #CA 01330706
Source:
Crexi
Added: Mar 14
Changed: Aug 16
Last Checked: Aug 15 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - West LA
Investment Insights
Based on property information with market context.
This offering comprises a three-parcel asset situated on a well-known street in South Los Angeles. The combined parcels present an opportunity for economies-of-scale and efficient management, as a state-mandated on-site manager is not required due to each parcel containing seven units. This property offers a value-add opportunity for investors. The property features separate gas and electric meters, along with on-site laundry facilities. The property size is 14420 square feet.
Key Highlights
- Three parcels included, offering economies‑of‑scale.
- Efficiency of management due to the number of units per parcel.
- On‑site manager not required (each parcel has 7 units).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,561
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-parcel asset with value-add potential in South LA.
Where is this apartment building located?
The property is located at 2301 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Three parcels included, offering economies‑of‑scale.; Efficiency of management due to the number of units per parcel.; On‑site manager not required (each parcel has 7 units).
