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6524 S Central Avenue

Los Angeles (City), CA 90001
  • $888,888
  • STATUS: Active
  • ON SITE: 588 Days
  • MLS #: SR23153098
UPDATED: 45 min ago
$888,888
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

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 2025-03-27T19:33:56.38. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/142518893
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6524 S Central Avenue Los Angeles (City), CA 90001

  • Price: $888,888
  • Status: Active
  • On Site: 588 Days
  • Updated: 45 min ago
  • MLS #: SR23153098
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1936
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
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 Number Of Separate Electric Meters 0 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

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 60000 Gross Scheduled Income 7250 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFannie MaeGovernment LoanPrivate Financing Available Net Operating Income 2500 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 2500 Property Sub Type Condominium Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LCM1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-27T19:33:56.38. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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78115 Calle Estado #104
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Listing Agent(s): Andy Aguilar of American Real Estate Experts (818-492-4781)