1508 W Florence Avenue, Los Angeles, CA 90047
- 4,910 sqft
other
Built in 1990
3,049sqft lot
—— car garage
$362/sqft
Listed 11 days ago
Property Description
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 Ang
- Listing Status:
- Active
- Date Added:
- January 27, 2026
- Data Last Updated:
- February 7, 2026 at 9:08PM
- Listing Office:
- BRC Advisors- BH :
- Listing Agent:
- Sam Grayeli : 310-525-3711
- MLS ID:
- CL26644131
- Parking: None
- Originating MLS: CRMLS
- County: Los Angeles
- Zoning: LAC26018006008
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of Sam Grayeli , BRC Advisors- BH
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Raymond Avenue Elementary
7511 Raymond Ave, Los Angeles, CA, 90044
Grades KG-5
0.32 miles away
Horace Mann UCLA Community School
7001 S St Andrews Pl, Los Angeles, CA, 90047
Grades 6-8
0.52 miles away
Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship
825 W 60th St, Los Angeles, CA, 90044
Grades 9-12
1.18 miles away





