1508 W Florence Ave, Los Angeles, CA 90047
1508 W Florence Ave, Los Angeles, CA 90047
1508 W Florence Ave, Los Angeles, CA 90047
7
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$1,775,000
Est. payment /mo
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12 Beds
6 Baths
4,910 SqFt
Active

1508 W Florence Ave Los Angeles, CA 90047

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Todd Kingsley

Todd Kingsley

+1(310) 710-8633

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,910 sqft

Price per Sqft $361

MLS Listing ID 26644131

Bedrooms 12

Year Built 1990

Lot Size 2,951 Sqft

Acres 0.0677

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Ceiling Fan

Exterior

Parking Features None

Garage Spaces 12.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by BRC Advisors- BH

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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