CA > Los Angeles
Los Angeles, CA 90047,1412 W Florence AVE
Los Angeles, CA 90047,1412 W Florence AVE
Los Angeles, CA 90047,1412 W Florence AVE
Los Angeles, CA 90047,1412 W Florence AVE
Los Angeles, CA 90047,1412 W Florence AVE
Los Angeles, CA 90047,1412 W Florence AVE
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Christopher Rubio-Novack

Christopher Rubio-Novack

+1(310) 467-7189
$ 999,000
Est. payment | /mo

10 Beds

7 Baths

3,044 SqFt

Save
$ 999,000
Est. payment | /mo
Save

10 Beds

7 Baths

3,044 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,044 sqft

Price per Sqft $328

MLS Listing ID 25599017

Bedrooms 10

HOA Y/N No

Year Built 1948

Lot Size 5,902 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Heating Central

Fireplaces Type Bath, Dining Room, Family Room, Kitchen, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Laundry None

Exterior

Parking Features Carport

Community Features Gated

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6018008003

Security Features Carbon Monoxide Detector(s),Fire Detection System,Gated Community,Key Card Entry,Smoke Detector(s),Window Bars

Special Listing Condition Standard

CRMLS – RECore
Listed by Benjamin Lee Marcus & Millichap
Christopher Rubio-Novack

+1(310) 467-7189

rubio.realestate@gmail.com

2603 Camino Ramon Suite 200, San Ramon, CA, 94583

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