Listing provided courtesy of Benjamin Lee of Marcus & Millichap. Last updated 2025-12-05 09:11:20.000000. Listing information © 2025 CRMLS.

Asking Price: $999,000

1412 Florence, Los Angeles CA 90047

Community: ​C36 - Metropolitan Southwest

Status: Active


This property was built in 1948 and is priced at $999,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 400406874
  • Type:
  • Year Built: 1948
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600