Los Angeles, CA 90063 4141 Floral Drive
$895,000
21 more
Presented By: Daisy De La Parra with Compass; 909-551-5567
Beds • 8
Baths • 3
SQFT • 2,370
Home Details
Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath.
Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address.
Don’t miss out on this exciting opportunity to invest in East LA!
Presented By: Daisy De La Parra with Compass; 909-551-5567
Interior Features for 4141 Floral Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesOutside
Total Stories1
Other Rooms
Entry Level
General for 4141 Floral Drive
AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasOven, Refrigerator
Architectural StyleSpanish
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CoolingWallWindowUnits
CountyLos Angeles
Days on Market1
DirectionsTurn Left onto N Ford, Turn Left onto Floral Dr.
Electric Expense0.0
Entry LocationFront
Facing DirectionSouth
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income36498.0
HOA0.0
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2844.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5999.0
Lot Size UnitsSquareFeet
MLS AreaELA - East Los Angeles
MobileHomeRemainsYNNo
Net Operating Income36498.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
Operating Expense1690.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle, SpanishTile
Senior Community Y/NNo
SewerPrivateSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot25
Tenant PaysElectricity, Gas, GroundsCare
TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Total Actual Rent4450.0
Trash Expense0.0
UtilitiesOther
ViewNone
View Y/NNo
Water Sewer Expense2400.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLCR2*
Exterior for 4141 Floral Drive
Building Area Total2370.0
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1377
Lot Size Area5999.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesSharedDriveway
Road Frontage TypeCityStreet
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480