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1508 W Florence Avenue, Los Angeles, CA 90047

Los Angeles
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:45 day(s) ago
  • Updated:March 06, 2026 at 11:42 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

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:12
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