Los Angeles, CA 90047,1508 W Florence AVE
Los Angeles, CA 90047,1508 W Florence AVE
Los Angeles, CA 90047,1508 W Florence AVE
Los Angeles, CA 90047,1508 W Florence AVE
Los Angeles, CA 90047,1508 W Florence AVE
Los Angeles, CA 90047,1508 W Florence AVE
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Carlos Elizalde

Carlos Elizalde

+1(714) 389-8310
$ 1,775,000
Est. payment | /mo

12 Beds

6 Baths

4,910 SqFt

Save
$ 1,775,000
Est. payment | /mo
Save

12 Beds

6 Baths

4,910 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,910 sqft

Price per Sqft $361

MLS Listing ID 26644131

Bedrooms 12

HOA Y/N No

Year Built 1990

Lot Size 2,949 Sqft

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 Angeles rental corridor.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 12

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6018006008

Financing Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Sam Grayeli BRC Advisors- BH
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 5

    Accelerated

    Public | KG - 8

  • 5

    Accelerated Elementary Charter

    Public | KG - 6

  • 5

    Dolores Huerta Elementary School

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

Middle Schools 20
  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    William Jefferson Clinton Middle School

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

  • 1

    Manual Arts High School

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Community Health Advocates

    Public | 9 - 12

School and business data provided by Attom Data.

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Carlos Elizalde
Carlos Elizalde

REALTOR® | License ID: 02090487

+1(714) 389-8310

Anaheim, CA, 92805, USA

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