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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.

Overview

Property Status
For Sale
Lot Size
5,792 Sq.Ft.
MLS ID
DW25124339
Property Type
Commercial
Year Built
1941

Features & Amenities

Neighborhood
Los Angeles
Stories
1
Water Source
Public
Lot Features
0-1 Unit/Acre
Air Conditioning
Wall/Window Unit(s)
Security Features
24 Hour Security
Sales Price
$999,000
Real Estate Tax
$5,000/yr
Maintenance Fee
$250/mo

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2214 W Florence Avenue

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2214 W Florence Avenue

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