

1508 W Florence AveLos Angeles, CA 90047
Multi-Family · 12 Beds · 4,910 Sq. ft. | 0.07 Acres1508 W Florence Ave Overview
- Time on Site:
- 153 days
- Visits:
- 0
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.
1508 W Florence Ave Facts & Features
- Type Multi-Family
- Sq. ft. 4,910
- Price/Sq.ft. $362
- Lot 0.07 Acres
Details
General
Income/Expenses
- Gross Income: 176367
- Net Operating Income: 127101.00
Building Information
- Year Built: 1990
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Metropolitan Southwest
Tax Information
- Tax Assessed Value: 864746
General Information
- Disclosures: As Is
- Property Type: Residential Income
- Zoning: LAC2
Interior
Beds/Baths
- Bathrooms Total: 6.00
- Bedrooms Total: 12
General Information
- Common Walls: Attached
- Cooling: Ceiling Fan
- Heating: Wall
- Levels: Multi/Split
- Living Area: 4910
- Living Area Source: Vendor Enhanced
- Stories: 0
Exterior
Parking Information
- Open Parking Spaces: 12
- Parking Total: 12
Lot Information
- Additional Parcels Description: True
- Lot Size Area: 2951
- Lot Size Dimensions: 25x118
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
General Information
- Number Of Units Total: 6
- Other Structures: None
1508 W Florence Ave Neighborhood
Community
90047 (Los Angeles) Demographics
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.1508 W Florence Ave Monthly Cost
1508 W Florence Ave Market Data
Based on the last 30 days in this zip code
1508 W Florence Ave History
| Date | Value | Agent |
|---|---|---|
| 1/27/2026Source: CRMLS | January 27, 2026 |
|
| 1/27/2026Source: TheMLS (CLAW) | January 27, 2026 |