3813 Flower Dr, Los Angeles, CA, 90037

3813 Flower Dr, Los Angeles, CA, 90037 < >
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for sale
$22,000,000
Lot Size:1.45 Acres
Year Built:1922
Status:Active
MLS #:PW21254393
Date Updated:
For information contact:
CENTURY 21 MASTERS - Diamond Bar
(909) 595-5597
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Go See This Property
We are pleased to present the rare opportunity to acquire the USC Flower Portfolio – nine contiguous multi-family properties within walking distance of the University of Southern California and Exposition Park in Los Angeles, CA and located in a federal Qualified Opportunity Zone. The offering consists of 61 units in total - a 20-unit property, a 12-unit property, a 5 unit property, and six 4-unit properties on a total of 1.5 acres of land. The existing structures are historically protected from demolition. 22 units are currently empty allowing a new buyer to immediately renovate those units in order to raise rents to market by attracting student and / or young professional tenants. The remaining 39 non-empty units are protected by the Los Angeles Rent Stabilization ordinance – a new buyer could elect to leave those tenants in place and allow those units to turn over gradually or negotiate voluntary cash for keys move-out agreements with interested tenants to accelerate the turnover process The 20-unit and 12-unit property each consist of all studios while the 5-unit and the 4-unit properties all boast large floor plans of over 1,000 square feet which would allow for a conversion t
Exterior Details
Carport Spaces: 32.00Garage Spaces: 0.00
Lot Features: Level with StreetLot Size Acres: 1.4475
Number Of Buildings: 10Number Of Units Total: 61
Parking Features: CoveredParking Total: 32.00
Pool Features: None

Community Information
County Or Parish: Los AngelesDirections: S Flower Drive & W 39th Street
MLS Area Major: C42 - Downtown L.A.Parcel Number: 5037031003
Zoning: LAC2

Property Information From MLS Data
Year Built: 1922

Utilities
Cooling: NoneHeating: Central
Water Source: Public

Listing Information Courtesy of:
List Agent First Name: Daniel
List Agen tLast Name: Lewin
List Office Name: Dan Lewin, Broker

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Monthly Payment for 3813 Flower Dr
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$22,000,000
Down Payment:
Loan Amount:$17,600,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Daniel Lewin, Dan Lewin, Broker

Information obtained from CACRMLS is current as of 1/20/2022 11:34 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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