For sale
  • $999,000

    1412 W Florence Ave, Los Angeles, CA 90047

    10beds
    7baths
    3,044sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $984,300 Zestimate®
    $328/sqft
    $-- HOA

    What's special

    Ground-floor commercial spaceModern finishesRenovated apartment units
    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.
    28 days
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    199
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