5917 Converse, Los Angeles, CA 90001
Local realty services provided by:ERA North Orange County Real Estate
5917 Converse,Los Angeles, CA 90001
$650,000
- - Beds
- - Baths
- 2,550 sq. ft.
- Multi-family
- Active
Listed by: justino faaola
Office: compass626-914-2904
MLS#:CV26193403
Source:CRMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$254.9
About this home
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 increase 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....
Contact an agent
Home facts
- Year built:1947
- Listing ID #:CV26193403
- Added:54 day(s) ago
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Living area:2,550 sq. ft.
Structure and exterior
- Year built:1947
- Building area:2,550 sq. ft.
- Lot area:0.19 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$254.9
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
New listings near 5917 Converse
- Coming SoonOpen Sun, 1 to 4pm
$2,749,000Coming Soon4 beds 3 baths2,439 sq. ft.11123 Hortense, Toluca Lake, CA 91602
MLS# SR26232296Listed by: COMPASS - Coming Soon
$297,700Coming Soon1 beds 1 baths759 sq. ft.17900 Sherman Way, Reseda, CA 91335
MLS# SR26231482Listed by: ALLISON JAMES ESTATES & HOMES - Coming SoonOpen Sun, 10am to 3pm
$475,000Coming Soon1 beds 1 baths1,090 sq. ft.1111 S Grand Avenue #904, Los Angeles, CA 90015
MLS# OC26228639Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$849,000Coming Soon3 beds 1 baths1,092 sq. ft.17854 Bessemer Street, Encino, CA 91316
MLS# PW26203202Listed by: CENTURY 21 ALLSTARS - Coming SoonOpen Fri, 11am to 1pm
$649,000Coming Soon4 beds 3 baths1,559 sq. ft.12120 Terra Bella Street #23, Pacoima, CA 91331
MLS# SR26231602Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$1,050,000Coming Soon4 beds 3 baths2,010 sq. ft.10136 Gladbeck, Northridge, CA 91324
MLS# SR26231652Listed by: PARK REGENCY REALTY - Coming Soon
$410,000Coming Soon1 beds 1 baths735 sq. ft.100 S Alameda #279, Los Angeles, CA 90012
MLS# WS26231275Listed by: EXP REALTY OF CALIFORNIA INC - Coming Soon
$1,175,000Coming Soon4 beds 2 baths2,270 sq. ft.127 S Westlake Avenue, Los Angeles, CA 90057
MLS# 26104540Listed by: REAL BROKER - Coming Soon
$4,095,000Coming Soon4 beds 4 baths3,679 sq. ft.1906 Fairburn Avenue, Los Angeles, CA 90025
MLS# 26102701Listed by: COMPASS - Coming SoonOpen Sun, 12 to 4pm
$694,321Coming Soon4 beds 2 baths1,388 sq. ft.8912 Mettler, Los Angeles, CA 90003
MLS# PW26231477Listed by: VICKEN SERAYDARIAN, BROKER