Property Detail

2214 Florence

Los Angeles CA 90043

$999,000

Status: Active

Property Details

Description

Located in the vibrate Park Mesa Heights neighborhood of Los Angeles, 2214 W Florence Avenue presents a compelling investment opportunity for discerning buyers. This well-maintained, single-story commercial property, built in 1941, offers approximately 2,500 square feet of versatile retail space on a 5,792-square-foot lot. Strategically positioned at the signalized intersection of Florence Avenue and Van Ness Avenue, the property benefits from exceptional street visibility, with a high volume of cars passing daily, and high pedestrian traffic, making it an ideal location for various business venture. The building comprises four income-generating units.Its LAC2 zoning allows for a range of commercial uses, providing flexibility for future tenants or owner-operators. Additional features include eight uncovered parking spaces at the rear of the property and supplementary parking available across the street at the county library, ensuring convenience for customers and staff alike. The property's location in a densely populated area with strong demographics further enhances its appeal. With its solid income stream, prime location, and potential for value appreciation, this property stands out as a promising addition to any real estate portfolio.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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