2813 W Florence Avenue

Remarkable value add opportunity to own a premium piece of mixed use commercial/residential space in the historical South LA community. Just minutes from the Inglewood Forum, SoFi stadium, and Hollywood Park Casino, this high traffic location has endless possibilities. The property, zoned LAC2 is located in a TOC, tier 2 which allows for Multi-family redevelopment. The subject property (two commercial spaces and one residential) reside walking distance to the new Metro light rail line. Two-thirds of the building (one commercial, residential unit) are currently on a month to month lease with one commercial space vacancy. The property has 6 rear-parking spaces, a garage and plenty of street parking. Great location, Great property with lots of potential upside. Currently collecting $2,200/ month & low expenses.