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.
Property Details
Price:
$650,000
MLS #:
CV26193403
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c37metropolitansouth
Listed Date:
Sep 4, 2026
Total Sq Ft:
2,550
Lot Size:
8,459 sqft / 0.19 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Laundry Features
NO
Levels
A, U
Exterior
Common Walls
_1CW
Community Features
SDW, STM, SL, CRB, CW, PARK, BIKI, DGP
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Maintenance Fee
$3,000
Map
Community
- Address5917 Converse Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90001
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 09, 2026
7,964
Single Family Listed
86
Avg DOM
420
Avg $ / SqFt
$1,549,125
Avg List Price
Property Summary
- 5917 Converse Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90001. It is listed for $650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in Los Angeles is $420. The average listing price for Single Family in Los Angeles is $1,549,125.
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