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5917 Converse Ave
Los Angeles, CA 90001 Florence-Graham

$650,000 USD

Multifamily For Sale • 2,550 SF

Property Details

Property Type Multifamily
Total Building Size 2,550 SF
Lot Size 0.19 AC
Year Built 1947
Zoning R3

60 Transit Score

50 Walk Score

                
                    Highlights
                
                                Two-Property, 8-Unit Portfolio: Opportunity to acquire two separate 4-unit multifamily properties in Florence-Graham
                            
                                Significant Rental Upside:  $91,000+ in additional annual rental income potential through rent stabilization
                            
                                Attractive In-Place & Stabilized Economics: Offered at $162,500 per unit and $234 per foot
                            
                                Convenient access to the I-110, I-105, I-710, Metro rail, Downtown Los Angeles, and major employment centers throughout Los Angeles County
                            
                                Large Lots & High Density R3 Zoning Provide Additional Upside via ADU and Redevelopment Potential
                            
                                Residential Financing Available

Amenities

Gated

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	5.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	5.8 mi
Transit/Subway	Drive	Walk	Distance
Slauson Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	9 min	0.4 mi
Florence Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	14.7 mi
Long Beach (Daugherty Field)	28 min	-	16.9 mi
Bob Hope	33 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Covered
Included in Rent:	Yes

Justino Fa'aola 626-315-7603 COMPASS

5917 Converse Ave Los Angeles, CA 90001 Florence-Graham