***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
SR23150340
Mixed Use, Business Opportunities, 2 Story
Los Angeles
1936
0.0928
Acres
Public
2
4,000
Sq. Ft.
1 Total
Detailed Room Information
- Laundry
- Common Area,Inside,Laundry Room
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot Dimensions
- 4043
- Zoning
- Mixed Use
- Additional Exterior/Lot Features
- 0-1 Unit/Acre.
Financial Considerations
6010003005
Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Government Loan, Private Financing Availabl
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