4141 Floral Drive 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 one 3-bedroom, 1-bath standalone unit at the rear and two 2-bedroom, 1-bath units near the front. 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!