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For sale
  • $1,775,000

    1508 W Florence Ave, Los Angeles, CA 90047

    12beds
    6baths
    4,910sqft
    : 
    $12,151/mo
    Get pre-qualified
    Multi Family
    Built in 1990
    -- sqft lot
    $1,726,200 Zestimate®
    $362/sqft
    $-- HOA

    What's special

    Secured gated entryAmple on-site gated parking
    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.
    188 days
    |
    17
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam Grayeli DRE # 01299288 310-995-4650,

    BRC Advisors- BH,

    Ian Hollinger DRE # 01889125 310-525-3741,

    BRC Advisors- BH

    Source: CLAW,MLS#: 26644131MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Wall
      Cooling
      • Ceiling Fan(s)
      Features
      • Ceiling Fan(s)
      Interior area
      • Total structure area: 4,910
      • Total interior livable area: 4,910 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: None
      • Uncovered spaces: 12
      Features
      • Levels: Multi/Split
      Lot
      • Size: 2,949 Square Feet
      • Dimensions: 25 x 118
      Details
      • Additional structures: None
      • Has additional parcels: Yes
      • Parcel number: 6018006008
      • Zoning: LAC2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1990

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $362/sqft
      • Tax assessed value: $864,746
      • Date on market: 1/28/2026

        Estimated market value

        $1,726,200

        $1.64M - $1.81M

        $3,488/mo

        Price history

        DateEventPrice
        1/28/2026Listed for sale$1,775,000+6%$362/sqft
        Source: CLAW #26644131 Report a problem
        11/29/2023Listing removed--
        Source: CLAW #23-324977 Report a problem
        11/9/2023Price change$1,675,000-9.5%$341/sqft
        Source: CLAW #23-324977 Report a problem
        10/24/2023Listed for sale$1,850,000$377/sqft
        Source: CLAW #23-324977 Report a problem
        6/15/2016Listing removed$1,695+41.8%
        Source: RTI Properties, Inc. Report a problem
        9/10/2014Listing removed$1,195
        Source: RTI Properties Inc. Report a problem
        9/9/2014Listed for rent$1,195
        Source: RTI Properties Inc. Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        74 / 100
        Very Walkable
        55 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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