For Sale

Listed by Benjamin Lee

Source: Combined LA Westside Multiple Listing Service, Inc #25599017

1412 West Florence Avenue, Los Angeles, CA, 90044

$999,000

10
7
5
3044 sq. ft.
5902 sq. ft.

Other

•

30+ days on the market

What's around 1412 West Florence Avenue

About this property

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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