6524 S Central Ave, LOS ANGELES, CA

$888,888

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14

Beds

4

Baths

4,000

Square feet

0.09

Acres

About 6524 S Central Ave

***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.

Features of 6524 S Central Ave

MLS® # SR23150953MR
Price $888,888
Bedrooms 14
Bathrooms 4.00
Full Baths 4
Square Footage 4,000
Acres 0.09
Year Built 1936
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 6524 S Central Ave
Area Downtown L.A.
City LOS ANGELES
County Los Angeles
State CA
Zip Code 90001

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Cooling None
Fireplace No
Fireplaces None
# of Stories 2
Has Basement No

School Information

District Los Angeles Unified

Additional Information

Date Listed August 14th, 2023
Days on Market 262
Zoning LCM1*
Foreclosure No
RE / Bank Owned No

Listing Details

AgentAndy Aguilar (01909871)
OfficeAmerican Real Estate Experts

Listing Map

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