1508 W Florence Avenue, Los Angeles, CA 90047

Multi-Family · For sale · $1,775,000 · MLS# 26644131

Multi-Family for sale in Southern California — $1,775,000. 12 beds · 6 baths · 4,910 sqft. 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…

1508 W Florence Avenue
For sale

$1,775,000

1508 W Florence Avenue, Los Angeles, CA 90047

12beds
6baths
4,910sqft
Multi-FamilyProperty type
1990Year built
2,951 sqft lotLot size
4,910 sqftLiving area
$362/sqftPrice / sqft
HOA
12 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 12
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Interior area

  • Living area: 4,910 sqft

Property

Parking

  • Total parking spaces: 12

Lot

  • Lot size: 2,951 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1990

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 172 days
  • Price / sqft: $362
  • Status: Active
  • MLS#: 26644131

Location

  • City: Los Angeles
  • ZIP: 90047

About this home

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.

Listing updated: June 29, 2026 at 2:17 PM

Listed by: Sam Grayeli, BRC Advisors- BH

Source: CRMLS, MLS#: 26644131, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 12
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Interior area

  • Living area: 4,910 sqft

Property

Parking

  • Total parking spaces: 12

Lot

  • Lot size: 2,951 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1990

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 172 days
  • Price / sqft: $362
  • Status: Active
  • MLS#: 26644131

Location

  • City: Los Angeles
  • ZIP: 90047

Price history

DateEventPrice
1/27/2026Source: CRMLS, #26644131Listed for sale$1,775,000$362/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-29 14:17:41 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information