3835 Floral Drive,  East Los Angeles CA, 90063 (Residential Income)

1,382 sqft
Status: Active
MLS#: CV16755025
Skip Slideshow
Last Updated: 12/9/2016 1:14 PM
Description for 3835 Floral Drive East Los Angeles, CA 90063
Million dollar View!!!! Investors dream!!!! No Rent Control!!!!!! Take a look at the drone video and photos!!!! 2 units on a r2 permitted 25,000 square foot lot with easements not factored in square footage and mostly flat with mild elevation. Driveway entrance to property is located on Folsom/Herbert bend Use 3822 Folsom Street Los Angeles, CA. 90063 for directions . Permit for future stair access is on floral/Herbert dead end. This is very rare in this area, lot is mostly flat with some hilly landscape but can easily be graded flat for future projects. Lots of room for parking, Huge driveway, gate access for stairs on opposite side of property to be accessed on Floral Drive at the end of the cul-de-sac for a future build. Lot is zoned for R2 and has a two separate units one with a large basement/Storage. 1 unit is a three bedroom the other is a 2 bedroom. There is a ton of properties going up on the block with many people building complexes of units on similar lots. Rent are very strong in the area with a 3 bedroom demand $2400.00 easily. Units will be delivered vacant. Units need a ton of work and need to be stripped out and rebuilt from the inside. Cash buyers or private money financing only
Price
$580,000
Los Angeles
1,382 (approx)
CV16755025
Active
Description
Million dollar View!!!! Investors dream!!!! No Rent Control!!!!!! Take a look at the drone video and photos!!!! 2 units on a r2 permitted 25,000 square foot lot with easements not factored in square footage and mostly flat with mild elevation. Driveway entrance to property is located on Folsom/Herbert bend Use 3822 Folsom Street Los Angeles, CA. 90063 for directions . Permit for future stair access is on floral/Herbert dead end. This is very rare in this area, lot is mostly flat with some hilly landscape but can easily be graded flat for future projects. Lots of room for parking, Huge driveway, gate access for stairs on opposite side of property to be accessed on Floral Drive at the end of the cul-de-sac for a future build. Lot is zoned for R2 and has a two separate units one with a large basement/Storage. 1 unit is a three bedroom the other is a 2 bedroom. There is a ton of properties going up on the block with many people building complexes of units on similar lots. Rent are very strong in the area with a 3 bedroom demand $2400.00 easily. Units will be delivered vacant. Units need a ton of work and need to be stripped out and rebuilt from the inside. Cash buyers or private money financing only
Listing Information
Property Type: Cluster, 1 Story
0.56 Acres 2,448,800 sq.ft. 1,382 (approx)
$419.68 1946
Yes- 4 spaces 1
2 Total
Neighborhood
Room Information
Laundry Area
Interior Features
None
Wall Unit
Family Room
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Unassigned
None
No Pool
City
LCR2*
Curbs Walk
Driving Directions
folsom and floral
Financial Considerations
5230019010
Listing Price History

East Los Angeles Real Estate

East Los Angeles is located in California. East Los Angeles, California 90063 has a population of 126,751.

The median household income in East Los Angeles, California 90063 is $36,755. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in East Los Angeles 90063 is 29 years.

Loading nearby sales and history ...
Courtesy: ANGELO SABADIN, BROKER ANGELO SABADIN
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby