$1,775,000

1508 W Florence Avenue, Los Angeles, CA 90047

  • 4,910 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $362/sqft
  • Property List Date Icon 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
  • Heating: Wall Furnace
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Raymond Avenue Elementary

7511 Raymond Ave, Los Angeles, CA, 90044

Grades KG-5

0.32 miles away

H

Horace Mann UCLA Community School

7001 S St Andrews Pl, Los Angeles, CA, 90047

Grades 6-8

0.52 miles away

A

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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