1649 Florence, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1649 Florence,Los Angeles, CA 90047
$850,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mirna martinez
Office: roa california inc.
MLS#:DW26130575
Source:MLSListings
Price summary
- Price:$850,000
About this home
HUGE price reduction! 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 th...
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Home facts
- Year built:1940
- Listing ID #:DW26130575
- Added:104 day(s) ago
- Updated:September 28, 2026 at 04:28 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Trash Compactor
Structure and exterior
- Roof:Composition, Shingle
- Year built:1940
- Lot area:0.07 Acres
- Lot Features:Mid Block
- Architectural Style:Traditional
- Foundation Description:Concrete Slab
Utilities
- Water:District - Public, Hot Water
- Sewer:Sewer Available
Finances and disclosures
- Price:$850,000
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