
1122 W Florence Ave Los Angeles, CA 90044
Vermont Knolls NeighborhoodAbout This Home
As of February 2024We are pleased to present for sale this eight (8) unit investment opportunity at 1116-1122 West Florence Avenue. The subject property is located in the Vermont Knolls neighborhood in Los Angeles. The property was built in 1957 and has an excellent unit mix of three (3) one bedroom/one bath units, two (2) two bedroom/two bath units and three (3) three bedroom/two bath units. Located in Vermont Knolls, this property is conveniently located near major freeways, local businesses and is in close vicinity to the Hollywood Park Redevelopment. This two building offering is situated on a 12156 Sq. Ft., lot and features an on-site laundry facility and a spacious parking lot.This property provides an opportunity for an investor to instantly attain a strong cash flow with the potential to raise rents and increase value.
Last Agent to Sell the Property
Noah Tillipman
Marcus & Millichap License #01968632 Listed on: 10/20/2015
Last Buyer's Agent
OUT OF AREA
License #0
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Home Design
- 6,910 Sq Ft Home
Parking
- 8 Parking Spaces
- Carport
Additional Features
- 0.28 Acre Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 6019-011-027
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/22/2024 02/22/24 | Sold | $1,400,000 | -3.4% | $263 / Sq Ft |
11/22/2023 11/22/23 | Pending | -- | -- | -- |
10/31/2023 10/31/23 | Price Changed | $1,449,000 | -3.4% | $272 / Sq Ft |
08/24/2023 08/24/23 | For Sale | $1,499,999 | +30.4% | $282 / Sq Ft |
03/23/2016 03/23/16 | Sold | $1,150,000 | -6.1% | $166 / Sq Ft |
01/25/2016 01/25/16 | Pending | -- | -- | -- |
10/20/2015 10/20/15 | For Sale | $1,225,000 | -- | $177 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2024
Pila Jessie
KHORR Realty
(310) 428-7750
1 in this area
139 Total Sales
-
Y
Seller Co-Listing Agent in 2024
Yvonne Regis
Khorr Realty
-
S
Buyer's Agent in 2024
Subscriber Non
Non-Participant Office
-
N
Seller's Agent in 2016
Noah Tillipman
Marcus & Millichap
-
Seller Co-Listing Agent in 2016
Eric White
Vault Brokerage
(323) 446-3830
-
O
Buyer's Agent in 2016
OUT OF AREA
Map
Source: The MLS
MLS Number: 15-951575
