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1508 W Florence Avenue, Los Angeles, CA 90047

Local realty services provided by:CENTURY 21 LOTUS
1508 W Florence Avenue,Los Angeles, CA 90047
$1,775,000
  • 12 Beds
  • 6 Baths
  • 4,910 sq. ft.
  • Multi-family
  • Active
Listed by: sam grayeli, ian hollinger
Office: brc advisors- bh
MLS#:26644131
Source:CRMLS

Price summary

  • Price:$1,775,000
  • Price per sq. ft.:$361.51

About this home

1508 W. Florence Avenue is a well-maintained six-unit multifamily investment property constructed in 1990. Importantly, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) due to its year of construction; however, it is subject to California's AB 1482 (Tenant Protection Act), providing investors with a more favorable regulatory framework than older, fully rent-controlled assets. The asset features a diverse and desirable unit mix consisting of two (2) one-bedroom/one-bath units, two (2) two-bedroom/one-bath units, and two (2) three-bedroom/one-bath units, totaling approximately 4,940 rentable square feet on a 5,902-square-foot lot. This balanced mix attracts a broad tenant base and helps mitigate vacancy risk. The property offers ample on-site gated parking and a secured gated entry, amenities that are increasingly important to tenants and supportive of strong occupancy. The central Florence Avenue location provides convenient access to major

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Home facts

  • Year built:1990
  • Listing ID #:26644131
  • Added:1 day(s) ago
  • Updated:January 28, 2026 at 03:28 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Living area:4,910 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1990
  • Building area:4,910 sq. ft.
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$1,775,000
  • Price per sq. ft.:$361.51
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 LOTUS is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 LOTUS, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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