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
See this Listing
Schools
Interior
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Levels
Multi/Split
Exterior
Common Walls
1 Common Wall
Open Parking Spaces
12
Parking Features
None
Parking Spots
12
Parking Total
12
Financial
Map
Community
- Address1508 W Florence AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 29, 2026
5,820
Single Family Listed
95
Avg DOM
512
Avg $ / SqFt
$1,917,691
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 $512. The average listing price for Single Family in Los Angeles is $1,917,691.
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1508 W Florence AV
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