2024 W Florence Ave Los Angeles, CA 90047
Manchester Square NeighborhoodEstimated payment $5,646/month
Highlights
- Wood Flooring
- Ceiling Fan
- 1-Story Property
About This Home
Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,214
Year Built
- Built in 1950
Home Design
- Triplex
Interior Spaces
- 2,091 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
- Alarm System
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- Assigned Parking
Additional Features
- 5,109 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 6017-003-006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,214 | $827,741 | $636,724 | $191,017 |
| 2024 | $10,214 | $811,512 | $624,240 | $187,272 |
| 2023 | $10,025 | $795,600 | $612,000 | $183,600 |
| 2022 | $4,929 | $381,653 | $323,439 | $58,214 |
| 2021 | $4,859 | $374,171 | $317,098 | $57,073 |
| 2020 | $4,904 | $370,335 | $313,847 | $56,488 |
| 2019 | $4,723 | $363,075 | $307,694 | $55,381 |
| 2018 | $4,622 | $355,957 | $301,661 | $54,296 |
| 2016 | $4,411 | $342,138 | $289,949 | $52,189 |
| 2015 | $4,351 | $337,000 | $285,594 | $51,406 |
| 2014 | $4,385 | $350,000 | $280,000 | $70,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $900,000 | +5.9% | $430 / Sq Ft |
| 05/10/2025 05/10/25 | Price Changed | $850,000 | -5.6% | $407 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $900,000 | +15.4% | $430 / Sq Ft |
| 02/03/2022 02/03/22 | Sold | $780,000 | 0.0% | $373 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 11/12/2021 11/12/21 | Price Changed | $779,900 | -2.5% | $373 / Sq Ft |
| 10/28/2021 10/28/21 | For Sale | $800,000 | +128.6% | $383 / Sq Ft |
| 10/04/2013 10/04/13 | Sold | $350,000 | +6.1% | $167 / Sq Ft |
| 06/21/2013 06/21/13 | Pending | -- | -- | -- |
| 05/15/2013 05/15/13 | For Sale | $330,000 | +78.4% | $158 / Sq Ft |
| 09/18/2012 09/18/12 | Sold | $185,000 | -13.9% | $88 / Sq Ft |
| 09/06/2012 09/06/12 | Pending | -- | -- | -- |
| 02/03/2012 02/03/12 | For Sale | $214,877 | -- | $103 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $350,000 | Nations Title Company Of Ca | |
| Grant Deed | $185,000 | Calcounties Title Nation | |
| Quit Claim Deed | -- | First American Els | |
| Trustee Deed | $462,597 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Lsi Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Diversified Title & Escrow S | |
| Grant Deed | $470,000 | Diversified Title & Escrow S |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $18,886 | FHA | |
| Open | $391,300 | New Conventional | |
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $21,650 | Unknown | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $138,750 | New Conventional | |
| Previous Owner | $437,500 | New Conventional | |
| Previous Owner | $423,000 | Purchase Money Mortgage | |
| Previous Owner | $22,130 | Credit Line Revolving | |
| Previous Owner | $53,000 | Credit Line Revolving | |
| Previous Owner | $22,080 | Credit Line Revolving | |
| Previous Owner | $16,000 | Credit Line Revolving |
Source: The MLS
MLS Number: 25-489427
APN: 6017-003-006
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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