1508 W Florence Avenue, Los Angeles, CA 90047

Los Angeles
Local realty services provided by:ERA Excel Realty
1508 W Florence Avenue,Los Angeles, CA 90047
$1,775,000
  • 12 Beds
  • 6 Baths
  • 4,910 sq. ft.
  • Multi-family
  • Active
Listed by: sam grayeli, ian hollinger
Office: brc advisors- bh
MLS#:26644131
Source:CRMLS

Price summary

  • Price:$1,775,000
  • Price per sq. ft.:$361.51

About this home

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...

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Home facts

  • Year built:1990
  • Listing ID #:26644131
  • Added:154 day(s) ago
  • Updated:July 01, 2026 at 01:26 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Living area:4,910 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1990
  • Building area:4,910 sq. ft.
  • Lot area:0.07 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$1,775,000
  • Price per sq. ft.:$361.51

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:12
Based on information from California Regional Multiple Listing Service, Inc. as of July 1, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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