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1508 W Florence Avenue

Los Angeles, CA 90047
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Bed 12

Bed

Bath 0

Bath

SqFt4,910

Sqft

SqFt2,951

Sqft(Lot)

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 pa rking 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,775,000

AD Id : 74604509

MLS Id : 26644131

Beds : 12

Lot Size : 2,951 Sqft

Living Area Size : 4,910

Year Built : 1990

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 0 Half Baths: 0
  • Interior Features

    Interior Features: Ceiling Fan(s)
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1990 Building Area Total: 4,910

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0677 Lot Size Dimensions: 25x118
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 2951

  • Listing Price Information

    Original List Price: 1,775,000 Listing Contract Date: 2026-01-27
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 6018006008

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Postal Code Plus 4: 2265 Directions: Take the 110 Freeway South to the Florence Avenue exit. Head west on Florence Avenue. Property is located on the north side of the street, between Western Avenue and Normandie Avenue. Zoning: LAC2 Source Property Type: Residential Income Area: C36 - Metropolitan Southwest
  • Building and Construction

    Property Age: 36 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 4910 Property Attached: Yes Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1425 W Gage Avenue, Los Angeles, CA, 90047 $598,999 3 2 1,029 1,029 SqFt
1400 W 65th, Los Angeles, CA, 90047 $1,239,000 -- -- 3,660 3,660 SqFt
1452 W 61st, Los Angeles, CA, 90047 $765,000 3 3 1,407 1,407 SqFt
1537 W 60th, Los Angeles, CA, 90047 $625,000 2 2 924 924 SqFt
1547 W 60th Place, Los Angeles, CA, 90047 $649,999 3 1 840 840 SqFt
7422 Brighton, Los Angeles, CA, 90047 $774,900 4 2 1,373 1,373 SqFt
1550 W 70th St, Los Angeles, CA, 90047 $755,000 2 1 996 996 SqFt
1425 W 79th, Los Angeles, CA, 90047 $838,999 3 2 1,356 1,356 SqFt
1555 W 71st Street, Los Angeles, CA, 90047 $650,000 2 2 1,153 1,153 SqFt
6130 S Hobart Boulevard, Los Angeles, CA, 90047 $850,000 4 -- 2,928 2,928 SqFt

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ByOwner last updated this listing 06/20/2026 @ 17:01

MLS: 26644131 LISTED BY: Sam Grayeli, BRC Advisors- BH SOURCE: CRMLS

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