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5917 Converse

Los Angeles, CA 90001
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Bed 1

Bed

Bath 1

Bath

SqFt8,459

Sqft(Lot)

We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to in crease revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throughout Los Angeles County. Downtown Los Angeles is approximately 6 miles north, providing access to one of the region's largest employment hubs. Tenants also benefit from proximity to the Florence Metro Station, providing rail connectivity to Downtown Los Angeles and Downtown Long Beach. Numerous grocery stores, big-box retailers, neighborhood shops, restaurants, schools, parks, and other daily-needs amenities are located throughout the surrounding area.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $650,000

AD Id : 90991743

MLS Id : CV26193403

Beds : 1

Lot Size : 8,459 Sqft

Year Built : 1947

Garage : 4

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1947
    Building Area Total: 2550
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8459 Lot Size Acres: 0.1942 Lot Size Source: Assessor Lot Size Square Feet: 8,459 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $650000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 6008038018 Tax Lot: 84

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: 60th St x Converse Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2023 E 76th, Los Angeles, CA, 90001 $895,500 7 4 -- 6,407 Sqft
8214 Alix, Los Angeles, CA, 90001 $759,000 4 2 -- 5,741 Sqft
1656 16581 E 61st, Los Angeles, CA, 90001 $749,900 3 2 -- 6,890 Sqft
1715 E 65th Street, Los Angeles, CA, 90001 $735,000 4 4 -- 6,026 Sqft
1715 E 70th, Los Angeles, CA, 90001 $900,000 5 4 2,103 6,660 Sqft
6359 Miramonte, Los Angeles, CA, 90001 $1,749,997 12 12 5,125 7,575 Sqft
6365 Miramonte, Los Angeles, CA, 90001 $1,749,997 12 12 -- 7,530 Sqft
6371 Miramonte, Los Angeles, CA, 90001 $1,649,997 12 9 4,722 7,177 Sqft
7533 Maie Avenue, Los Angeles, CA, 90001 $1,890,000 9 8 4,113 5,826 Sqft
1214 E -1216 E 66th, Los Angeles, CA, 90001 $1,060,000 8 4 -- 4,437 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/06/2026 @ 03:36

MLS: CV26193403 LISTED BY: Justino Faaola, COMPASS 626-914-2904 SOURCE: CRMLS

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