John E Burge

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Listing provided courtesy of Robert Pitts Luxury Estates- MLS# 24-463465MLS Provider

1714 W Florence AveLos Angeles, CA 90047

Multi-Family · 4 Beds · 3,622 Sq. ft. | 0.07 Acres
$1,325,000 Active

1714 W Florence Ave Overview

Time on Site:
593 days
Visits:
0

This is a great opportunity to generate positive cash flow. It's a fourplex plus a storefront that can be used in various ways. Three units were updated with new flooring, countertops, and cabinets. This property is also ideal for a non-profit business. It is centrally located to downtown, the airport, and the 110/105 freeways. All offers are to be submitted subject to inspection.

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1714 W Florence Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,622
  • Price/Sq.ft. $366
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Gross Income: 12900
  • Net Operating Income: 152700.00

Building Information

  • Year Built: 1946

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Metropolitan Southwest

Tax Information

  • Tax Assessed Value: 233680

General Information

  • Disclosures: As Is
  • Property Type: Residential Income
  • Zoning: LAC2

Interior

Beds/Baths

  • Bathrooms Total: 4.00
  • Bedrooms Total: 4

General Information

  • Cooling: None
  • Heating: Wall
  • Levels: Two
  • Living Area: 3622
  • Living Area Source: Vendor Enhanced
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 1

Lot Information

  • Lot Size Area: 2954
  • Lot Size Dimensions: 25x117
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 4
  • Other Structures: None

1714 W Florence Ave Neighborhood

Community

90047 (LOS ANGELES) Demographics

38
Median Age
10,793
Population Density (per sq. mile)
26%
College Educated
$58,830
Estimated Median Income
9,505
Estimated Total Home Owners
7,692
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1714 W Florence Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1714 W Florence Ave Market Data

Based on the last 30 days in this zip code

$773,162
Average List Price
$536
Average Price per Square Foot
21
Properties Sold
79
Average Days on Market
287
Properties for Sale
Calculations provided by Reliance Network

1714 W Florence Ave History

Date Event Value Agent
4/15/2026Source: CRMLS Status Change
Active
4/15/2026Source: TheMLS (CLAW) Status Change
Active
1/4/2026Source: CRMLS Status Change
Active Under Contract
1/4/2026Source: TheMLS (CLAW) Status Change
Active Under Contract
11/14/2024Source: CRMLS Status Change
Active
11/14/2024Source: CRMLS Status Change
Active Under Contract
11/14/2024Source: CRMLS Price Increase
$1,325,000 10,192,207.8%
11/14/2024Source: TheMLS (CLAW) Price Increase
$1,325,000 10,192,207.8%
11/13/2024Source: TheMLS (CLAW) Added to Database
November 13, 2024
11/13/2024Source: CRMLS Added to Database
November 13, 2024
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