1508 W Florence AV
Los Angeles, CA, 90047
$1,775,000
12 Beds
6 Baths
4,910 SqFt
0.07 Acres
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MLS #26644131 image #0
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.

Property Details

Price:
$1,775,000
MLS #:
26644131
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Jan 27, 2026
Finished Sq Ft:
4,910
Total Sq Ft:
4,910
Lot Size:
2,951 sqft / 0.07 acres (approx)
Year Built:
1990
C36 – Metropolitan SouthwestC36metropolitansouthwest

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Schools

Interior

Heating
WL

Exterior

Parking Spots
12

Financial

Gross Operating Income
$171,076
Net Operating Income
$127,101

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Feb 23, 2026
7,090
Single Family Listed
78
Avg DOM
503
Avg $ / SqFt
$1,479,828
Avg List Price

Property Summary

    1508 W Florence AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90047. It is listed for $1,775,000 and features 12 beds, 6 baths, and has approximately 4,910 square feet of living space, and was originally constructed in 1990. The current price per square foot is $362. The average price per square foot for Single Family listings in Los Angeles is $503. The average listing price for Single Family in Los Angeles is $1,479,828.

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1508 W Florence AV
Los Angeles, CA