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.
For sale
$999,000
1412 W Florence Ave, Los Angeles, CA 90047
10beds
7baths
3,044sqft
Est.:
Multi Family
Built in 1948
-- sqft lot
$984,300 Zestimate®
$328/sqft
$-- HOA
What's special
Ground-floor commercial spaceModern finishesRenovated apartment units
- 28 days |
- 199 |
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