1412 West Florence Avenue

Los Angeles CA 90044

3044 sq. ft.

5902 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

10 bedrooms

7 bathrooms

5 carspaces

3044 sq. ft. floor area

5902 sq. ft. lot size

Other

Property history for 1412 West Florence Avenue

2016

Sold

$505,000

14 Mar 2016 by Belinda Sadberry, of Nelson Shelton Real Estate Era Powered

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