Explore an incredible investment prospect in the dynamic Los Angeles Florence West neighborhood, situated just moments from Downtown LA. While the property requires substantial repairs, it presents an enticing avenue for a lucrative investment venture.
With four vacant units, this property offers endless avenues for customization and innovative redevelopment. It's essential to note that the property is being sold as-is, with no repair obligations on the part of the seller. This hands you the reins to shape the property's future according to your unique vision.
Keep in mind that the property's involvement in the REAP program in Los Angeles is a possibility. As a responsible purchaser, you'll have the opportunity to validate its status and assume any associated obligations or violations, ensuring a transparent transaction.
Positioned strategically in a central locale, this property enjoys proximity to esteemed institutions such as the University of Southern California and the iconic LA Memorial Coliseum. Effortless access to key transportation hubs, including LAX and the new SOFI Stadium, streamlines connectivity. The LAFC stadium and major freeways such as the 110, 10, and 105 are all easily accessible, enhancing convenience.This property is being listed as part of a First Look Program for eligible owner-occupant buyers and non-profits. Offers can be made by eligible buyers when the first look period is valid. After the first look expiration date of 09/21/23, all buyers can submit offers.