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$1,500,000

Est. payment - /mo

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5,641 Sqft Lot

Active

7111 Cimarron ST Los Angeles, CA 90047

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Alice Henderson

alice@thealicehenderson.com +1(619) 939-5864

UPDATED:

01/14/2025 01:49 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25002514

HOA Y/N No

Year Built 1956

Lot Size 5,641 Sqft

Property Description

Fantastic investment opportunity to own 8 unit building in south Los Angeles. The property is conveniently located on the corner of Florence Ave and walking distance to restaurants and shopping. Property features upstairs and downstairs units, 5 of the units are open one bedroom studios and the remaining 3 units feature one bedroom one bath. Property is gated in the front creating a beautiful courtyard and rooftop balcony for entertaining or relaxation for all tenants. Location is close to LAX airport, SoFi Stadium, Kia Forum and 13 miles from the coastline and beach. Potential upside via renovations to maximize long term investment.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Parking Features Assigned, Carport, Garage, Storage

Garage Spaces 4.0

Carport Spaces 2

Garage Description 4.0

Fence Block, Wrought Iron

Pool None

Community Features Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6016033004

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Brandon Shelby • Keller Williams Realty Antelope Valley • 661-992-5776

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Alice Henderson

Agent | License ID: 02141227

+1(619) 939-5864

7111 Cimarron ST Los Angeles, CA 90047

Alice Henderson

Key Details

Location

Interior

Exterior

Building

Others

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7111 Cimarron ST