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4141 Floral Drive
Los Angeles, CA 90063
Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address. Don’t miss out on this exciting opportunity to invest in East LA!
PROPERTY INFORMATION
| MLS # | CV24176914 | Lot Size | 5,999 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 895,000
Price Per SqFt: $ 378 |
DOM | 250 Days |
| Address | 4141 Floral Drive | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,370 Sq. Ft. |
| Postal Code | 90063 | Garage | N/A |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 9 / 0 | Parking | N/A |
| Built In | 1953 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Outside |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven, Refrigerator |
| Has Heating | No |
| Heating Information | None |
| Room Information | Entry, Kitchen, Living Room |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | Front |
| Entry Level | 0 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Roof | Shingle, Spanish Tile |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $955
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/27/2024 | Listed | $895,000 |
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Listing provided courtesy of Daisy De La Parra, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
