CA > Los Angeles
Los Angeles, CA 90047,1412 W Florence Ave
Los Angeles, CA 90047,1412 W Florence Ave
Los Angeles, CA 90047,1412 W Florence Ave
28
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$999,000
Est. payment /mo
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10 Beds
7 Baths
3,044 SqFt
Active

1412 W Florence Ave Los Angeles, CA 90047

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Asianna Joyce

Asianna Joyce

+1(310) 717-8030

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,044 sqft

Price per Sqft $328

MLS Listing ID 25599017

Bedrooms 10

Year Built 1948

Lot Size 5,902 Sqft

Acres 0.1355

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1412 W Florence Ave, a high-yield mixed-use investment in South Los Angeles. The property features five renovated apartment units with modern finishes and one ground-floor commercial space, delivered vacant and move-in ready with potential for an ADU conversion. Offered at a 9.12% CAP rate, 7.03 GRM, and just $166,500 per unit, the property delivers immediate double-digit cash-on-cash returns alongside durable long-term upside. Located on a well-traveled corridor with strong demographics, 1412 W Florence Ave combines stable residential income with visible retail exposure. It also qualifies for 100% bonus depreciation, creating meaningful tax advantages for new ownership.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Fireplaces Type Kitchen, Living Room, Dining, Family Room, Bath

Equipment Alarm System, Built-Ins, Garbage Disposal, Freezer, Dryer, Dishwasher, Hood Fan, Range/Oven, Refrigerator, Washer

Laundry None

Exterior

Parking Features Carport

Garage Spaces 5.0

Building

Lot Description Fenced, Exterior Security Lights

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Asianna Joyce

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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1412 W Florence Ave