Properties

Los Angeles, CA 90047 1508 W Florence Avenue

1508 W Florence Avenue Los Angeles, CA - Image 11508 W Florence Avenue Los Angeles, CA - Image 21508 W Florence Avenue Los Angeles, CA - Image 3
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1508 W Florence Avenue Los Angeles, CA - Image 41508 W Florence Avenue Los Angeles, CA - Image 51508 W Florence Avenue Los Angeles, CA - Image 6
Presented By: Sam Grayeli with BRC Advisors- BH;
  • MLS# 26644131
  • 01/27/2026
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  • Beds • 12
  • Baths • 1
  • SQFT • 4,910

Home Details

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.
Presented By: Sam Grayeli with BRC Advisors- BH;

Interior Features for 1508 W Florence Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Common Walls1 Common Wall
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories

General for 1508 W Florence Avenue

Additional Parcels Y/NYes
Buyer FinancingConventional
Cap Rate7.16
CityLos Angeles
CountyLos Angeles
DirectionsTake the 110 Freeway South to the Florence Avenue exit. Head west on Florence Avenue. Property is located on the north side of the street, between Western Avenue and Normandie Avenue.
Full Baths
Gross Income176367
HOANo
HeatingWall Furnace
Land Lease Y/NNo
LevelsMulti/Split
Living Area4910
Lot Size Square Feet2951
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
Net Operating Income127101
New ConstructionNo
Number Of Units Total6
Open Parking Spaces12
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1990
ZoningLAC2

Exterior for 1508 W Florence Avenue

Building Area Total4910
Lot Dimensions25x118
Lot Size Acres0.0677
Lot Size Area2951
Number of Buildings1
Parking FeaturesNone
Total Parking12

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,775,000
MLS#26644131
List Date 01/27/2026
Property Type Multi-Family
Phone 888.795.6274
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