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 28, 2026
Finished Sq Ft:
4,910
Total Sq Ft:
4,910
Lot Size:
2,951 sqft / 0.07 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Heating
WL
Exterior
Parking Spots
12
Financial
Map
Community
- Address1508 W Florence AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 02, 2026
6,875
Single Family Listed
67
Avg DOM
507
Avg $ / SqFt
$1,487,020
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 $507. The average listing price for Single Family in Los Angeles is $1,487,020.
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