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3835 Floral Drive, East Los Angeles, CA 90063

$580,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
3835 Floral Drive, East Los Angeles, CA 90063 View this property at 3835 Floral Drive, East Los Angeles, CA 90063
3835 Floral Drive East Los Angeles CA 90063

Property Description & Video

3835 Floral Drive, East Los Angeles, CA Video Tour of 3835 Floral Drive, East Los Angeles, CA.
Million dollar View!!!! Investors dream!!!! No Rent Control!!!!!! Take a look at the drone video and photos!!!! 2 units on a r2 permitted 25,000 square foot lot with easements not factored in square footage and mostly flat with mild elevation. Driveway entrance to property is located on Folsom/Herbert bend Use 3822 Folsom Street Los Angeles, CA. 90063 for directions . Permit for future stair access is on floral/Herbert dead end. This is very rare in this area, lot is mostly flat with some hilly landscape but can easily be graded flat for future projects. Lots of room for parking, Huge driveway, gate access for stairs on opposite side of property to be accessed on Floral Drive at the end of the cul-de-sac for a future build. Lot is zoned
for R2 and has a two separate units one with a large basement/Storage. 1 unit is a three bedroom the other is a 2 bedroom. There is a ton of properties going up on the block with many people building complexes of units on similar lots. Rent are very strong in the area with a 3 bedroom demand $2400.00 easily. Units will be delivered vacant. Units need a ton of work and need to be stripped out and rebuilt from the inside. Cash buyers or private money financing only

Full Property Details for 3835 Floral Drive

  • Price: $580,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: CV16755025
  • Updated: 12/2/2016
  • Added: 7 day(s) ago

Property History

  • 3835 Floral Drive, East Los Angeles, CA
  • Listed at $580,000 on 11/30/16

Interior

  • Fireplace(s): Family Room

Rooms

Other Rooms

  • Laundry: Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned
  • Parking: Unassigned

Location

  • Area: ELA - East Los Angeles
  • County: Los Angeles
  • Development Name: ELA - East Los Angeles
  • Driving Directions: folsom and floral

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Heater

Utilities

  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,382
  • Year Built: 1946

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: City Lights
  • Lot Size (Acres): 0.56
  • Lot Size Source: Assessor
  • Zoning: LCR2*
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $419.68

Listed by ANGELO SABADIN, BROKER, ANGELO SABADIN

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Estimate the Cost

3835 Floral Drive will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

3835 Floral Drive, East Los Angeles, CA 90063 (MLS# CV16755025) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 3835 Floral Drive is currently listed for $580,000 and was received on November 30, 2016. Want to learn more about 3835 Floral Drive? Do you have questions about finding other Multi-Family real estate for sale in East Los Angeles? You can browse all East Los Angeles real estate or contact a Coldwell Banker agent to request more information.

Listed by ANGELO SABADIN, BROKER, ANGELO SABADIN

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