1508 W Florence Avenue, Los Angeles, CA 90047
Local realty services provided by:CENTURY 21 Adams & Barnes
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 transportation corridors, employment centers, and neighborhood retail, with proximity to Inglewood, Downtown Los Angeles, and LAX.1508 W. Florence Avenue represents a durable, income-oriented investment offering regulatory flexibility, tenant appeal, and long-term appreciation potential in a core Los Angeles rental corridor....
Contact an agent
Home facts
- Year built:1990
- Listing ID #:26644131
- Added:137 day(s) ago
- Updated:June 14, 2026 at 10:34 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
New listings near 1508 W Florence Avenue
- New
$1,270,000Active6 beds 6 baths3,727 sq. ft.3025 Edgehill Drive, Los Angeles, CA 90018
MLS# 26846849Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - Coming Soon
$725,000Coming Soon2 beds 2 baths709 W 142nd, Gardena, CA 90247
MLS# CV26129616Listed by: PAK HOME REALTY - New
$700,000Active2 beds 2 baths1,002 sq. ft.2700 Cahuenga Boulevard #4303, Los Angeles, CA 90068
MLS# CL26836417Listed by: THE BIENSTOCK GROUP - New
$1,299,900Active3 beds 2 baths1,251 sq. ft.8954 Kramerwood Place, Los Angeles, CA 90034
MLS# CL26845937Listed by: KW WESTSIDE ESTATES - New
$3,498,000Active3 beds 4 baths3,258 sq. ft.2411 Benedict Canyon Drive, Beverly Hills, CA 90210
MLS# CL26846625Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$949,900Active4 beds 2 baths1,611 sq. ft.9134 Swinton Avenue, North Hills (los Angeles), CA 91343
MLS# CL26847223Listed by: EQUITY UNION - New
$4,099,800Active4 beds 5 baths4,488 sq. ft.2315 N Hobart Boulevard, Los Angeles, CA 90027
MLS# CL26847227Listed by: KELLER WILLIAMS LARCHMONT - New
$4,980,000Active2 beds 3 baths2,228 sq. ft.590 N Tigertail Road, Los Angeles, CA 90049
MLS# CL26847245Listed by: THE AGENCY - New
$2,488,000Active5 beds 5 baths2,726 sq. ft.313 S Sycamore Avenue, Los Angeles, CA 90036
MLS# CL26847323Listed by: COMPASS - New
$1,825,000Active4 beds 4 baths2,927 sq. ft.4152 Mount Vernon Drive, Los Angeles, CA 90008
MLS# CL26847345Listed by: COMPASS