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6524 S Central Avenue

Los Angeles (City), CA 90001
  • $888,888
  • STATUS: Active
  • ON SITE: 335 Days
  • MLS #: SR23150953
UPDATED: 109 min ago
$888,888
  • 14
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $222
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1936
County:

School Ratings & Info

School District:
Listing Agent(s): Andy Aguilar of American Real Estate Experts (818-492-4781)


Description

***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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-15T22:35:55.187. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142410707
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6524 S Central Avenue Los Angeles (City), CA 90001

  • Price: $888,888
  • Status: Active
  • On Site: 335 Days
  • Updated: 109 min ago
  • MLS #: SR23150953
14
Beds
4
Baths
0
½ Baths
0.09
Acres
4,000
SQFT
$222
$/SQFT
1936
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
School District:
Los Angeles Unified
Property Description
***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.
Exterior Features

Entry Level 1 Entry Location 1st and 2nd Floor Lot Features 0-1 Unit/Acre Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes View Neighborhood View YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Main Level Bathrooms 4 Main Level Bedrooms 14

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN No Land Lease YN No Laundry Features See Remarks Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFannie MaeGovernment LoanPrivate Financing Available New Construction YN No Property Sub Type Condominium Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Multi Family Water Source Public Zoning LCM1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-15T22:35:55.187. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Andy Aguilar of American Real Estate Experts (818-492-4781)