John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

1649 W FlorenceLos Angeles, CA 90047

Multi-Family · 1,700 Sq. ft. | 0.07 Acres
$895,000 Active

1649 W Florence Overview

Time on Site:
14 days
Visits:
0

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 this one-of-a-kind investment opportunity!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1649 W Florence Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,700
  • Price/Sq.ft. $526
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Common Interest: None

Green Features

  • Green Energy Efficient: Appliances

Income/Expenses

  • Gross Income: 104400.0
  • Gross Scheduled Income: 104400.0
  • Insurance Expense: 2400.0
  • Net Operating Income: 101400.0
  • Operating Expense: 3000.0
  • Water Sewer Expense: 600.0

Building Information

  • New Construction: No
  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C23 - Metropolitan
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Gutter(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Disclosures: Home Warranty
  • Listing Terms: Cash to New Loan,Contract,Submit
  • Parcel Number: 6015035009
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 1700.0
  • Building Area Units: Square Feet

General Information

  • Appliances: ENERGY STAR Qualified Appliances,Gas Range,Trash Compactor,Water Heater
  • Common Walls: No Common Walls
  • Electric: Electricity - On Property
  • Entry Level: 1
  • Entry Location: entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Foundation Details: Slab
  • Interior Features: Open Floorplan,Quartz Counters,Recessed Lighting,All Bedrooms Down,Jack and Jill Bath
  • Laundry Features: Washer Hookup,Inside
  • Security Features: Window Bars
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
  • Window Features: ENERGY STAR Qualified Windows

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Area: 3000.0
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 3000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Construction Materials: Stucco
    • Property Attached: No
    • Roof: Composition,Shingle

    General Information

    • Exterior Features: Rain Gutters
    • Fencing: Chain Link,Wrought Iron
    • Number Of Units Leased: 1
    • Number Of Units Total: 3
    • Pool Features: None
    • Pool Private: No
    • Sewer: Sewer Tap Paid
    • Utilities: Sewer Available,Water Available

    1649 W Florence Neighborhood

    Community

    90047 (Los Angeles) Demographics

    38
    Median Age
    10,793
    Population Density (per sq. mile)
    26%
    College Educated
    $58,830
    Estimated Median Income
    9,505
    Estimated Total Home Owners
    7,692
    Estimated Total Renters
    55% / 45%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1649 W Florence Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1649 W Florence Market Data

    Based on the last 30 days in this zip code

    $773,162
    Average List Price
    $536
    Average Price per Square Foot
    21
    Properties Sold
    79
    Average Days on Market
    287
    Properties for Sale
    Calculations provided by Reliance Network

    1649 W Florence History

    Date Event Value Agent
    6/15/2026Source: CRMLS Added to Database
    June 15, 2026
    Listing provided courtesy of ROA California Inc.Mirna Martinez- MLS# DW26130575MLS ProviderContact Information: [email protected] - 619-717-6237
    Cookie Button: