- 10 Beds
- 7 Baths
- 3,044 Sqft
- .14 Acres
1412 W Florence Avenue
We are pleased to present 1412 W Florence Ave, a high-yield mixed-use investment in South Los Angeles. The property features five renovated apartment units with modern finishes and one ground-floor commercial space, delivered vacant and move-in ready with potential for an ADU conversion. Offered at a 9.12% CAP rate, 7.03 GRM, and just $166,500 per unit, the property delivers immediate double-digit cash-on-cash returns alongside durable long-term upside. Located on a well-traveled corridor with strong demographics, 1412 W Florence Ave combines stable residential income with visible retail exposure. It also qualifies for 100% bonus depreciation, creating meaningful tax advantages for new ownership.
Essential Information
- MLS® #25599017
- Price$999,000
- Bedrooms10
- Bathrooms7.00
- Square Footage3,044
- Acres0.14
- Year Built1948
- TypeResidential Income
- StatusActive
Community Information
- Address1412 W Florence Avenue
- AreaC36 - Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
Amenities
- Parking Spaces5
- ParkingCarport
- GaragesCarport
Interior
- HeatingCentral
- FireplaceYes
- # of Stories2
- StoriesTwo
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Fireplaces
Bath, Dining Room, Family Room, Kitchen, Living Room
Additional Information
- Date ListedSeptember 29th, 2025
- Days on Market81
- ZoningLAC2
Listing Details
- AgentBenjamin Lee
- OfficeMarcus & Millichap
Benjamin Lee, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of December 19th, 2025 at 9:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.