2214 W Florence AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90043
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25124339
HOA Y/N No
Year Built 1941
Annual Tax Amount $5,000
Lot Size 5,793 Sqft
Property Sub-Type Retail
Property Description
Located in the vibrate Park Mesa Heights neighborhood of Los Angeles, 2214 W Florence Avenue presents a compelling investment opportunity for discerning buyers. This well-maintained, single-story commercial property, built in 1941, offers approximately 2,500 square feet of versatile retail space on a 5,792-square-foot lot. Strategically positioned at the signalized intersection of Florence Avenue and Van Ness Avenue, the property benefits from exceptional street visibility, with a high volume of cars passing daily, and high pedestrian traffic, making it an ideal location for various business venture. The building comprises four income-generating units.Its LAC2 zoning allows for a range of commercial uses, providing flexibility for future tenants or owner-operators. Additional features include eight uncovered parking spaces at the rear of the property and supplementary parking available across the street at the county library, ensuring convenience for customers and staff alike. The property's location in a densely populated area with strong demographics further enhances its appeal. With its solid income stream, prime location, and potential for value appreciation, this property stands out as a promising addition to any real estate portfolio.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 4009001004
Security Features 24 Hour Security
Acceptable Financing Cash,Conventional,1031 Exchange,Government Loan
Listing Terms Cash,Conventional,1031 Exchange,Government Loan
Special Listing Condition Standard