Exceptional Mixed-Use Investment Opportunity! This versatile income-producing property features a remodeled barbershop in the front currently generating $2,500 per month, along with an additional $200 per month in billboard income, creating multiple streams of revenue. Behind the commercial space are two vacant residential units, offering immediate rental income potential or owner-occupancy flexibility.
The residential portion includes a beautifully remodeled 3-bedroom, 1-bath residence and a brand-new 2-bedroom, 1-bath unit, both thoughtfully designed with modern finishes and equipped with central air conditioning and heating for year-round comfort. Each unit features convenient indoor laundry and has been extensively upgraded with new electrical panels, new plumbing, new flooring, recessed lighting, and fresh interior and exterior paint.
This turnkey property presents a rare opportunity for investors seeking strong cash flow and future rental upside, or for owner-users looking to live on-site while benefiting from multiple income streams. With established commercial income, billboard revenue, and two vacant residential units ready for immediate occupancy or leasing, this is a truly unique mixed-use asset with exceptional potential. Don't miss out on this one-of-a-kind investment opportunity!
For sale
Listed by: ROA California Inc. • Mirna Martinez • Contact: 310-483-8904
$895,000
1649 W Florence Ave, Los Angeles, CA 90047
--beds
--baths
1,700sqft
:
Get pre-qualified$6,059/mo
Mixed Use
Built in 1940
-- sqft lot
$882,700 Zestimate®
$526/sqft
$-- HOA
What's special
New plumbingNew electrical panelsModern finishesRemodeled barbershopNew flooringRecessed lightingConvenient indoor laundry
- 57 days |
- 22 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Mirna Martinez DRE #01773121 310-483-8904,
ROA California Inc.
Source: CRMLS,MLS#: DW26130575
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Rooms
- Room types: Bathroom, Bonus Room, Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Jack and Jill Bath
Heating
- ENERGY STAR Qualified Equipment
Cooling
- ENERGY STAR Qualified Equipment
Appliances
- Included: ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater
- Laundry: Washer Hookup, Inside
Features
- Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Jack and Jill Bath
- Flooring: Laminate
- Windows: ENERGY STAR Qualified Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Features
- Entry location: entry
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 3,000 Square Feet
- Features: No Landscaping
Details
- Parcel number: 6015035009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Sewer Available, Water Available
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Gutter(s), Street Lights, Sidewalks
- Security: Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $308,708
- Annual tax amount: $3,929
- Date on market: 6/15/2026
- Listing terms: Cash to New Loan,Contract,Submit
Estimated market value
$882,700
$839,000 - $927,000
$2,348/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $895,000+38.8%$526/sqft |
Source:  CRMLS #DW26130575 Report a problem | ||
| 5/17/2025 | Listing removed | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Listed for rent | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source:  CLAW #22-143177 Report a problem | ||
| 6/6/2022 | Price change | $645,000-7.2%$379/sqft |
Source: CLAW #22-143177 Report a problem | ||
| 4/25/2022 | Listed for sale | $695,000+247.5%$409/sqft |
Source: CLAW #22-143177 Report a problem | ||
| 1/18/2017 | Sold | $200,000+2.6%$118/sqft |
Source: Public Record Report a problem | ||
| 5/29/2014 | Sold | $195,000+572.4%$115/sqft |
Source: Public Record Report a problem | ||
| 4/18/1996 | Sold | $29,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,929 +1.3% | $308,708 +2% |
| 2024 | $3,878 +1.8% | $302,656 +2% |
| 2023 | $3,809 +4.6% | $296,723 +2% |
| 2022 | $3,640 +1.4% | $290,906 +2% |
| 2021 | $3,591 -0.9% | $285,203 +1% |
| 2020 | $3,625 | $282,280 +2% |
| 2019 | $3,625 +5.6% | $276,746 +2% |
| 2018 | $3,432 | $271,320 +31.7% |
| 2017 | $3,432 +29.8% | $205,965 +2% |
| 2016 | $2,644 +2.6% | $201,927 +1.5% |
| 2015 | $2,578 | $198,895 +276.1% |
| 2012 | -- | $52,888 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 5/10Raymond Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Horace Mann Ucla CommunityGrades: 6-12Distance: 0.4 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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