2215 Florencita Avenue
2215 Florencita Avenue
$3,900,000
10
12
7,524
7,524
$518
Sold 10/6/23
Description
We are pleased to introduce the sale of 2215 & 2219 Florencita Avenue, a unique and once in a lifetime opportunity to acquire a picturesque multifamily investment property strategically located steps from Montrose Shopping Park. Constructed in 1949 and nestled in one of the most sought-after locations, the offering consists of 12 total units, with (8) units being a desirable single story construction + a courtyard and (4) units located above enclosed garage spaces at the rear of the lot. The structures...We are pleased to introduce the sale of 2215 & 2219 Florencita Avenue, a unique and once in a lifetime opportunity to acquire a picturesque multifamily investment property strategically located steps from Montrose Shopping Park. Constructed in 1949 and nestled in one of the most sought-after locations, the offering consists of 12 total units, with (8) units being a desirable single story construction + a courtyard and (4) units located above enclosed garage spaces at the rear of the lot. The structures are situated on two separate parcels, on an expansive lot size of 17,794 Square Feet. The building offers a range of unit combinations which includes Two (2+1)'s, Six (1+1)'s, and Four spacious (Studio +1)'s with W/D in 9 of 12 units. (8) Onsite garage parking spaces are available for tenants as well as abundant uncovered space. The offering allows a variety of holding strategies. Current tenants provide a stable stream of income with minimal operating costs. An investor can take advantage of immediately applying for up to (4) Accessory Dwelling Units that will multiply the gross income stream - Buyer to verify feasibility. Density allowance with a current zoning of LC3YY provides future development potential on the sprawling lot. The investment is located a block from famous Honolulu Avenue, with countless eateries, cafes, and bars. Rated a walk score of "92" the property is considered "Walker's Paradise", where daily errands do not require a car. Walking distance to Black Cow, Basin 141, Avignone's, Blue Fish, Casa Cordoba, Joselitos, Gus & Andy's, and Trader Joe's to name a few. Finally, the property offers tenants top rated school districts in the state and country John C Fremont Elementary, Rosemount Middle School, and Crescenta Valley High School. Please drive by only do not walk on the property or disturb tenants.
- Listed by Eric Dilanian • DRE #01951699 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
- Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 2215 Florencita Avenue
Zoning
LCR3YY
Parcel Number5807008017
Total Units12.0
Living Area7524
Source Living AreaAssessor
AreaLa Crescenta/Glendale/Montrose/Sparr Heights (635)
Vacancy Rate0
Lot Size Area17794
Location
LISTING UPDATED: 10/06/2023 12:36 PM
Property Details for 2215 Florencita Avenue
Status | Sold |
---|---|
MLS # | 23-263439 |
Days on Market | 98 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1949 |
Lot Size | 0.41 AC / 17,794 SF |
County | Los Angeles County |
Location
Building Information for 2215 Florencita Avenue
Stories-Residences-Year Built1949Building Size-Lot Size0.41 AC / 17,794 SF
Payment Calculator
$22,646 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2215 Florencita Avenue
Property History for 2215 Florencita Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2215 Florencita Avenue
Taxable ValueLand$724,626Additions$653,929Total$1,378,555
Tax Record2023$16,343 ($1,362 / month)
Home Facts
Total Finished SqFt3,762 SqFtAbove Grade Finished SqFt3,762 SqFtLot Size8,330 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningLCR3YYCountyLOS ANGELESAPN5807-008-017
Schools near 2215 Florencita Avenue
This home is within Glendale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
John C. Fremont Elementary School PublicK to 6 | ||
Rosemont Middle School Public7 to 8 | ||
Crescenta Valley High School Public9 to 12 | ||
Anderson W. Clark Magnet High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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