1508 W Florence Avenue, Los Angeles, CA 90047

  • $1,775,000
1508 W Florence Avenue, Los Angeles, CA 90047
Active
1508 W Florence Avenue, Los Angeles, CA 90047
1508 W Florence Avenue, Los Angeles, CA 90047
  • $1,775,000

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.

  • Address 1508 W Florence Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Country US

Details

Updated on February 4, 2026 at 8:17 am
  • Property ID: 26644131
  • Price: $1,775,000
  • Property Size: 4910 Sqft
  • Land Area: 0.0677 Acres
  • Bedrooms: 12
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1990
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: None

Features

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