2422 W Florence AV
Los Angeles, CA, 90043
$850,000
5 Beds
2 Baths
1,066 SqFt
0.13 Acres
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MLS #26834715 image #0
Duplex DELIVERED VACANT AT CLOSE OF ESCROW! ARV appraisal included at $2,200,000 – Located in a prime location near vibrant Inglewood and just moments from SoFi Stadium and Intuit Stadium, this commercially zoned property is a standout investment opportunity. What sets this property apart is its potential for expansion and transformation. It comes with approved plans and RTI (Ready-To-Issue) permits, saving valuable time and expense, for a modern, three-story apartment building that can accommodate either three or four units. Plans available for review. To maximize the rental income opportunity the design is of 5,500 square feet of living space, across up to 4 units and up to 13 bedrooms. This flexibility allows investors and developers to capitalize on its commercial zoning, enhancing its value proposition. Moreover, the location is prime for capitalizing on the dynamic growth of Inglewood. With nearby entertainment venues, shopping options, and easy access to major freeways, residents will enjoy convenience and accessibility. One of the most compelling features of this offering is that it will be delivered vacant at the close of escrow. This means new owners can move swiftly with their development plans without the constraints of existing leases, maximizing their flexibility and timeline. Currently, the Duplex generates substantial monthly rental income of $6,000 from its existing two residential units or 5 bedrooms. This income stream provides immediate cash flow while laying the groundwork for future development. Beyond its financial prospects, the property offers significant room for growth. There’s ample space on the lot to add a third unit or an ADU (Accessory Dwelling Unit), offering additional rental income potential. Ample parking enhances the property’s practicality and appeal. This property represents a rare blend of current income and expansive future potential. Whether you’re looking to invest in income-generating rental units, develop a modern apartment building, or explore the possibilities of commercial zoning, this opportunity should not be missed.

Property Details

Price:
$850,000
MLS #:
26834715
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
May 28, 2026
Finished Sq Ft:
1,066
Total Sq Ft:
1,066
Lot Size:
5,744 sqft / 0.13 acres (approx)
Year Built:
1955
Phht – Park Hills HeightsPhhtparkhillsheights

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Schools

Interior

Cooling
NO
Heating
CF
Levels
A

Exterior

Parking Spots
10
Parking Total
10

Financial

Gross Operating Income
$72,000
Net Operating Income
$58,000

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jun 10, 2026
7,095
Single Family Listed
85
Avg DOM
435
Avg $ / SqFt
$1,679,876
Avg List Price

Property Summary

    2422 W Florence AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90043. It is listed for $850,000 and features 5 beds, 2 baths, and has approximately 1,066 square feet of living space, and was originally constructed in 1955. The current price per square foot is $797. The average price per square foot for Single Family listings in Los Angeles is $435. The average listing price for Single Family in Los Angeles is $1,679,876.

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2422 W Florence AV
Los Angeles, CA