1412 W Florence Avenue, Los Angeles, CA 90047

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1412 W Florence Avenue,Los Angeles, CA 90047
$999,000
  • 10 Beds
  • 7 Baths
  • 3,044 sq. ft.
  • Multi-family
  • Active
Listed by:benjamin lee
Office:marcus & millichap
MLS#:25599017
Source:CRMLS

Price summary

  • Price:$999,000
  • Price per sq. ft.:$328.19

About this home

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.

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Home facts

  • Year built:1948
  • Listing ID #:25599017
  • Added:7 day(s) ago
  • Updated:September 30, 2025 at 04:46 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:7
  • Living area:3,044 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1948
  • Building area:3,044 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$328.19
Based on information from California Regional Multiple Listing Service, Inc. as of October 7, 2025 . 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. 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.

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